HEADLINES
The Dearth Of Smaller Units Of Naira: A Danger Signal To The Economy
Naira as Nigerian currency was introduced in 1973 by then military government of General Yakubu Gowon. In his budget of 1971, General Gowon announced that […]
Articles by Haruna Magaji
BANKING
Sterling Bank Wraps Up IT Upgrade
Sterling Bank Plc has announced the conclusion of upgrade of its information technology infrastructure. The move was in line with its mandate to enrich the […]
BANKING
CBN Loans to Commercial Banks Peak at 173% to N281billion
The volume of loan from the Central Bank of Nigeria, CBN, to commercial banks in the country, jumped sharply last week by 173 per cent […]
BANKING
eTranzact targets reducing unbanked to 10% this year
eTranzact says it is on track to explore the network of the Nigerian Postal Services to reduce the unbanked population in the country to 10 […]
BANKING
FX Primary Dealers: CBN Okays Wema Bank
Following the recent commencement of trading on the Nigeria Interbank Foreign Exchange (NIFEX), and the announcement of the movement from the official exchange rate to […]
HEADLINES
Managing risks in Micro and Small scale business
Though there may not be specific statistics but it’s a fact that over 90% of small businesses in Nigeria fail. A number of factors contribute […]
BANKING
Ecobank may close some operations
Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to focus on its most promising […]
BANKING
First Bank Records 100million e-banking Transactions in One Month
Africa’s leading integrated payment and transaction processing company, Interswitch Transnational, has named First Bank Nigeria Plc the first financial institution in the country to achieve […]
BANKING
Commercial banks ask customers to submit bids ahead of naira float
In what could be adjudged a transparent move, Nigeria’s commercial banks have asked customers to submit bids ahead of the start of new interbank foreign […]
HEADLINES
WAPIC Insurance GDRs quoted on international market
Board of directors of Wapic Insurance plc, a multi-line West African insurance firm, has announced that Wapic has established a Global Depositary Receipts (GDR) programme […]