Haruna Magaji, Author at Financial Watch

FCMB Reaffirms Commitment To Economic Growth, as Nestle Commissions N5.7b water factory

April 19, 2016 Haruna Magaji

First City Monument Bank (FCMB) Limited has promised its stakeholders that it will continue to deepen its support for projects and other initiatives that would […]

Surviving the Dollar Crunch

April 19, 2016 Haruna Magaji

The past couple of months has witnessed a lot of policies and modifications to forex restrictions by the Central Bank of Nigeria (CBN). The drop […]

BREAKING: Police fingers Saraki over Offa Robbery

Senate moves to disrupt Saraki’s corruption trial, summons tribunal judge

April 19, 2016 Haruna Magaji

The Senate Committee on Ethics, Privileges, and Public Petitions on Monday summoned Danladi Umar, the Chairman of the Code of Conduct Tribunal (CCT), who is […]

Naira sells N322 to a dollar at parallel market

April 19, 2016 Haruna Magaji

The naira on Monday traded at N322 to a dollar at the parallel market in Lagos. The News Agency of Nigeria (NAN) reports that the […]

Stanbic IBTC Expresses Commitment to SME Devt

April 19, 2016 Haruna Magaji

Citing capital as the single most important factor for the sustainable growth of small and medium scale enterprises (SMEs), the Head, SME Banking, Stanbic IBTC […]

Why Saraki must attend Curruption trial everyday – Tribunal

April 18, 2016 Haruna Magaji

The Chairman of the Code of Conduct Tribunal, Danladi Umar, on Monday explained why Nigeria’s embattled President of the Senate, Bukola Saraki, must abandon Senate […]

Okowa Empowers 540 graduands under STEP programme

April 18, 2016 Haruna Magaji

The Delta Government on Monday in Asaba empowered no fewer than 540 graduands under the State Training and Entrepreneurship Programme (STEP) with starter packs and […]

Lawmaker empowers 300 youths in Edo

April 18, 2016 Haruna Magaji

No fewer than 300 unemployed youths from Akoko-Edo Local Government Area of Edo were on Monday empowered with different business items for self sustenance. Mr […]

Five banks’ profit drop by N54bn As Economic crisis Strikes Harder

April 18, 2016 Haruna Magaji

Uncertainties in the Nigerian economy have had a telling effect on many sectors, with five of the 22 banks in the country losing N54bn from […]

Cash Shortage Drives Interbank Rates Up by 0.9%

April 18, 2016 Haruna Magaji

Shortage of cash in the Nigerian banking system last week, triggered an jump in the overnight tenor of the Nigerian Interbank Offered Rates, NIBOR. The […]