Posted in Finance

Online Payment: Why You Should Not Worry About Fraud

Online Payment: Why You Should Not Worry About Fraud Unlike in the past when Nigerians queue at banks for their transactions, and today you can…

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Posted in Finance

Coronation Merchant Bank records zero NPL for N55b loans

While the nation’s banking sector is reeling under the pangs of huge Non-Performing Loans (NPL) portfolio, Coronation Merchant Bank Limited, celebrates full financial year with…

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Posted in Finance

Stanbic IBTC grows net profit by 54% to N74.4b

Stanbic IBTC Holdings Plc has recorded considerable growths across all key performance indicators in 2018 with the net profit rising by 54 per cent to…

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Posted in Finance

ECOWAS Bank to raise 25b francs in Q1

The ECOWAS Bank for Investment and Development (EBID) plans to raise 25 billion francs (FCFA 25 billion) this quarter as the regional financier continues to…

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Posted in Finance

Major investors scoop Lafarge Africa’s N89.2b rights

Less than one per cent of applicants bought about 98.4 per cent of the N89.2 billion rights issue by Lafarge Africa Plc, in a major…

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Posted in Finance

Nigeria Released N7.3tn for recurrent, capital expenditure in 2018 – CBN

Between January and December last year, the Federal Government spent about N7.36tn on the implementation of the 2018 budget. The amount was spent on three…

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Posted in Finance

WEMA Bank promotes women development

Wema Bank says it is committed to promoting Nigerian women and emphasising their significance in establishing a better society. As part of its efforts to…

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Posted in Finance

CIBN to collaborate with banks on financial inclusion

The President, Chairman of Council, Chartered Institute of Bankers of Nigeria, Dr Uche Olowu, says the institute is collaborating with banks to promote capacity building,…

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