Archives for May, 2017
Banks lose N2.19bn as Cybercrime rises by 82 per cent in 2016
CBN governor, Godwin Emefiele The Central Bank of Nigeria (CBN) has disclosed that Deposit Money Banks in the country lost fund worth to fraudsters in the financial year, 2016.…
Osinbajo signs Acts to ease MSMEs’ access to credit
Acting President, Yemi Osibanjo The Acting President Yemi Osinbajo has signed into law two Acts of Parliament that had earlier been passed by the National Assembly. According to a…
Osinbajo signs Acts to ease MSMEs’ access to credit
Acting President, Yemi Osibanjo The Acting President Yemi Osinbajo has signed into law two Acts of Parliament that had earlier been passed by the National Assembly. According to a…
NDIC to Promotes Capacity on Deposit Insurance
MD, NDIC, Umaru Ibrahim The Nigeria Deposit Insurance Corporation (NDIC) said it is committed in building capacity and bridging skills gaps in the banking industry in general and the…
FCMB Offers Free Banking Services to SMEs
Operators will now have course to enjoy very banking services as First City Monument Bank (FCMB) Limited has launch a free banking transactions for a period of three months…
2016 Financial statement: Staco gets NAICOMs approval
Staco Insurance Plc has secured approval from the National Insurance Commission (NAICOM) for its 2016 audited financial statement for year ended 31st December, 2016 publication. According Staco with such…
UBA promotes African culture
GMD, UBA, Kennedy Uzoka United Bank for Africa Plc has celebrated the 2017 Africa Day across its 19 countries of operations with the theme: ‘Africa, the new frontier.’ The…
Heritage Bank trains children in financial literacy
In a bid to expose the citizenry to financial literacy at a very early age in life, Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, has exposed children…
NAICOM, PenCom to release life pension regulations
Commissioner for Insurance, Mohammed Kari The National Insurance Commission and the National Pension Commission are set to release the new modalities that will regulate the provision of life annuity…
Nigeria produces 5.7 million tons of rice… Inches close to self-sufficiency
Minister, Agriculture and Rural Development, Chief Audu Ogbeh The total paddy production in Nigeria in 2016 has been estimated at 17,487,562 metric tons, leaving a balance of about million…