Haruna Magaji, Author at Financial Watch

Agric Bank Grants N10.4m Loan Facility to Aba Leather Manufacturers

June 9, 2016 Haruna Magaji

With its liberalised loan conditions and very low interest rate, the Bank of Agriculture (BOA) has become the preferred lender for manufacturers of leather products […]

Insurance Sector Targets N16trn Asset Base In 4 Years

Operators Highlight Challenges to Insurance Markets Growth

June 9, 2016 Haruna Magaji

Poor state of insurance regulation , lack of reliable data and statistics, low capital requirements, as well as limited enforcement of regulatory provisions have been […]

CBN New Policies Create Bubble Among Bankers

Emefiele to meet bank CEOs over sacking, forex policy

June 9, 2016 Haruna Magaji

Barring any last-minute change in plans, the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, will today (Thursday) meet with Managing Directors and Chief […]

Court rules against NASS bid to reorder election sequence

Senate probes 12 million fake vehicle insurance policies

June 8, 2016 Haruna Magaji

The Senate on Tuesday directed its Committee on Banking, Insurance and Other Financial Institutions to immediately organise a public hearing to investigate the result of […]

How Regulatory Harmony Will Boost African Insurance Markets

Saham moves to consolidate investment in Nigerian insurance business

June 8, 2016 Haruna Magaji

Moroccan insurance Company, Saham Finances, one of the biggest Pan African insurance Groups is considering another major investment in Nigeria, after two initial investments that […]

BoI Disburses N83.5bn to 776 Enterprises in 2015, Posts N44.7bn Profit

June 8, 2016 Haruna Magaji

The acting Managing Director, Bank of Industry (BoI), Mr. Waheed Olagunju has disclosed that a total sum of N83.5 billion was disbursed to 776 enterprises […]

Fidelity partners NEPC LBS for export management programme

Fidelity Bank’s strategic way of promoting financial inclusion mandate

June 8, 2016 Haruna Magaji

Instituting the culture of rewarding customer loyalty is part of Fidelity Bank Plc, a strategic way of promoting financial inclusion mandate of the Central Bank […]

Heritage Bank Promotes Financial Inclusion

Heritage Bank Targets Systemically Important Bank Status

June 8, 2016 Haruna Magaji

Having grown its balance sheet size to over N600 billion in just three years, Heritage Bank Plc has said that it is working towards joining […]

Unity Bank mentors youths in career development

Unity Bank enters agreement with investment firm to strengthen capital

June 8, 2016 Haruna Magaji

Unity Bank Plc has embarked on a strategic alliance with Black Trituium, an equity and investment fund manager, in a bid to achieve a milestone […]

FG threatens to revoke licences of banks for violating ‘no sack’ order

June 7, 2016 Haruna Magaji

The federal government has threatened to sanction banks and telecommunication companies, which fail to comply with its order to suspend retrenchment. Chris Ngige, minister of […]