BANKING
Moody’s Reaffirms Sterling Bank’s Ratings
Moody’s Investors Service, one of the global rating agencies, has re-affirmed the resilience of the Sterling Bank franchise by maintaining the Bank’s standalone Baseline Credit […]
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Insurance Industry Asset to Hit N16trillion by 2020
The insurance industry, will achieve a market asset base of N16 trillion and premium income of N6 trillion by the year 2020, the Director General […]
HEADLINES
Form cooperatives to access institutional loans, RUFIN advises women
The Rural Finance Institution Building Programme (RUFIN) has urged women in Nasarawa State to form cooperative societies, in order to access loans to boost their […]
HEADLINES
Trading Forex On News Releases
One of the great advantages of trading currencies is that the forex market is open 24 hours a day (from 5pm EST on Sunday until […]
HEADLINES
EFCC Visits Sterling Bank, Udenwa, Grills Them Over Campaign Funds
The operatives of the Economic and Financial Crimes Commission on Wednesday stormed the headquarters of Sterling Bank Plc in Lagos for an undisclosed investigation. One […]
HEADLINES
US Dollar Falls, Commodity Currencies Rise as Payrolls Data Looms
The US Dollar retraced downward having launched a broad-based recovery against its major counterparts in the first half of the week. Taken together, price action […]
BANKING
CBN Says Energy Firms Owe Nigerian Banks N3.93tn
Oil, gas and power firms owe banks in the country about N3.931 trillion as at the end of December 2015, according to latest data released […]
BANKING
Emefiele, African Central Bank Governors Meet on Financial Stability
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele last night began the hosting of several central bank governors across Africa to discuss the effects […]
BANKING
First Bank’s fundamentals remain strong despite challenging year
Nigeria’s largest bank by assets, FBN Holdings Plc, is a solid profits generating lender despite the challenging year that 2015 was. First Bank’s strong fundamentals […]
HEADLINES
Adequate funding of SMEs will strengthen Nigerian economy – Lagos Commissioner
Mr Rotimi Ogunleye, the Lagos State Commissioner for Commerce, Industry and Cooperatives, says adequate funding can develop small businesses in Nigeria and strengthen the economy. […]