BANKING
Fitch Affirms Diamond Bank’s ‘BBB’+ Rating
Diamond Bank Plc’s strong fundamentals has been reaffirmed by the global credit ratings and research agency, Fitch Ratings. In the recently released 2016 Ratings Review […]
Articles by Haruna Magaji
HEADLINES
Under-performance In ‘Insurance sector’s slowing GDP’
The under-performance of the insurance sector is denying the country a yearly 1.5 per cent increment in Gross Domestic Product (GDP), the Minister of Finance, […]
BANKING
EFInA Rolls Out $2Mln Grant To FCMB To Support Lending and Agency Banking project
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 […]
BANKING
Lagos Partners Skye Bank on Business Devt
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 […]
BANKING
First Bank Says Fundamentals Remain Strong, Outlines New Strategic Focus
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 […]
BANKING
Fitch Ratings affirms Wema Bank’s BB-, stable outlook
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 […]
BANKING
Diamond Bank recovers as Skye Bank continues on losing streak
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 […]
BANKING
Fitch Ratings back CBN, say Nigerian banks viable
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 […]
BANKING
Fitch Ratings: First Bank Reacts To Latest Downgrade
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 […]
HEADLINES
BoI disbursed N5.6b to MSMEs In 2015
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, […]