Bank & Finance

Oct 23, 2019
Going by its Q3 2019 unaudited consolidated financial statements for the 9 months period ended September 30, 2019, tier 1 bank group, FBN Holdings Plc has recorded a 2.99% drop in interest…
Oct 18, 2019
The Nigerian Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday said there are debts owed by states and government enterprises that have not been captured in the…
Oct 18, 2019
United Bank for Africa (UBA) Liberia on Wednesday, October 16, 2019, launched its Chat Banking Product dubbed LEO. The online banking product which can be accessed on Facebook Messenger and…
Oct 17, 2019
According to the Q3 2019 financial statement released by Guaranty Trust Bank (GTBank) for the period ended September 30, 2019, the bank posted a revenue of N224.2 billion, 5.6% less…
Oct 16, 2019
The International Monetary Fund (IMF) has expressed concerns that Nigeria’s per capita growth is weak, adding that strong measures were needed to move the growth into positive territory. It equally called on…
Oct 12, 2019
The National Bureau of Statistics (NBS), says in the first half of 2019, the 36 states and the Federal Capital Territory (FCT) generated N691.11 billion as Internally Generated Revenue (IGR).…
Oct 08, 2019
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday said the planned increase of Value Added Tax (VAT) in the country will impact more on consumption by…
Oct 08, 2019
Union Bank of Nigeria Plc has notified the Nigerian Stock Exchange (NSE) of its board meeting to consider the bank’s results for the 9 months period ended September 30, 2019,…
Oct 07, 2019
A Federal High Court Sitting in Lagos south west Nigeria today ordered the temporary forfeiture of N280.5million “warehoused” in the bank accounts of Invictus Oil and Gas Limited and Invictus…
Oct 05, 2019
The Central Bank of Nigeria (CBN) made an intervention of 311.5million dollars in the Retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenured…
Oct 05, 2019
National Insurance Commission (NAICOM) has revealed that the Insurance sector life annuity fund portfolio at the end of the second quarter of 2019 stood at about N323 billion. The information…
Oct 05, 2019
Over the past 10 years mobile-based lending has grown in Kenya. Some estimates put the number of mobile lending platforms at 49. The industry is largely unregulated but includes major…
Oct 04, 2019
The Economic and Financial Crimes Commission (EFCC) and the Indian government have agreed to pull more of their energies together in the fight against corruption and economic crimes in Nigeria…
Oct 01, 2019
A Federal High Court in Lagos, Southwest Nigeria has ordered Keystone Bank Limited to pay a Chinese company, Hexing Electrical damages in the sum of $778,118.72 over a breach of…
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