Enhancing Financial Innovation & Access (EFInA), a financial sector development organisation has announced the release of an Innovation Grant in the sum of $2,000,000 (Two million US Dollars only), to ...
The Lagos state government has expressed confidence in the new board and management of Skye Bank Plc, noting that the bank is safe and in good financial health. In a ...
The new management of First Bank of Nigeria Limited has allayed fears that its exposure to huge Non- Performing Loans (NPL) would impact negatively on the financial health of the ...
The agency also affirmed the Long-term National Rating (Wema) at (BBB-) to reflect the improvement in creditworthiness over time relative to the best credits in Nigeria. In Fitch’s opinion, the ...
Diamond Bank recovers for the first time in four trading days, after losing about 27 percent of its share value in the past three trading days. Skye Bank however continued ...
Fitch Ratings, one of the three biggest rating agencies in the world, has downgraded two of the biggest banks in Nigeria, at the same time attesting to the viability of ...
The Managing Director of First Bank of Nigeria, Mr Adesola Adeduntan, on Tuesday in Lagos, said that the lender’s business activities are integrated with the Nigerian economy in a way ...
The Bank of Industry (BoI) disbursed N5.6billion to Micro Small and Medium Enterprises (MSMEs) in the country last year. the Acting Managing Director, Waheed Olagunju, has said. Waheed, who spoke ...
Sovereign Trust Insurance Plc has said it is partnering a Lagos-based non-governmental organisation (NGO), Teenage Life, on youth development in line with its Corporate Social Responsibility (CRS) initiative. Speaking on ...
Fitch Ratings has downgraded Nigeria’s Bank of Industry Limited’s (BOI) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘ and Support Rating to ‘4’ from ‘3’ following the downgrade of ...
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