BANKING
Banks to set naira rate on Monday without CBN intervention
Nigeria’s commercial banks will set the first exchange rate of the naira versus the dollar when the currency is allowed to float freely on Monday […]
Articles by Haruna Magaji
HEADLINES
Five states have applied for loan – Governor
Five states have so far completed the process of borrowing from the Federal Government’s facilitated N90bn budget support loan from the private sector. The Akwa […]
HEADLINES
Bauchi Farmers to Access N15bn CBN Interest-free Agric Loan
Following the provision of N1.5 billion made by Bauchi State Government as contribution to farmers’ equity that will also settle interest charges, farmers in the […]
BANKING
Heritage Bank Expands To 34 States
Heritage Bank has emerged the fastest growing bank in the country, according to a survey and study commissioned by the Newspaper – Nigerian Pilot. Earlier, […]
BANKING
TUC concludes majority take with N80bn investment in Unity Bank
The Trade Union Congress (TUC), one of Nigeria’s two labour centres, has perfected investment transactions with Unity Bank plc, to enable it take up majority […]
BANKING
CBN set to name the lead players in the foreign exchange market today
*Others are Access, Diamond, FCMB, Fidelity As banks begin to settle into the dynamics of the flexible foreign exchange regime, which will take effect from […]
HEADLINES
BoI, Abia float N1bn lifeline for SMEs
The Bank of Industry and the Abia State Government have signed a Memorandum of Understanding to provide N1bn to the Small and Medium Enterprise operators […]
HEADLINES
CBN sets aside 500 bln for loans to non-oil exporters
Nigeria’s central bank is setting aside 500 billion naira ($2.5 billion) for loans to non-oil exporters, after a slump in oil revenues led to […]
HEADLINES
Nasarawa Ready To Access Loan From Federal Government
The Nasarawa State Government has already submitted an expression of interest to access the concessional loan granted to states facing financial discipline by the Federal […]
BANKING
eTranzact records $30bn transaction in 2015
Africa’s e-payments solution provider, eTranzact International Plc, said it recorded about 110 million etransatction last year valued at $30 billion. Unveiling its new brand identity […]