Archives for September, 2018 - Page 2
HI 2018: Fidelity Bank Sustains Growth Trajectory as Profits Soar by 27% to close at N13bn. Gross Earnings hit N88.9bn 80% of Total transactions now digital
Fidelity Bank Plc. has posted an impressive half year results for 2018, recording a double-digit growth in key revenue lines and achieving significant traction in her chosen…
CIIN Set to Uphold Ethical Culture
The Chartered Insurance Institute of Nigeria Insurance has urged practitioners and organisations to embrace ethical culture in order to ensure a disciplined, trusted and respected insurance industry. The…
TBMSC: NAICOM moves against de-marking
The National Insurance Commission (NAICOM) has said that it is set deal with insurance companies, its CEO and brokers that will use the Tier-Based classification as…
FG Gives Oil Firms 2019 Ultimatum To End Gas Flaring
The Federal Government has ordered Exploration and Production (E & P) companies operating in the upstream sub-sector of the nation’s hydro-carbon resources industry to end gas flaring…
CBN Retains Monetary Policy Rate At 14% … Says Nigeria’s exit from recession under threat
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) ended its two-day meeting in Abuja Tuesday, retaining the key lending rate at 14…
RMB seeks improved awareness on financial inclusion
The Chief Operating Officer of Rand Merchant Bank Nigeria (RMB), Mr. Funso Odukoya, has called for increased awareness on issues around financial inclusion in the country. Odukoya spoke…
CBN Communique on MPC Meeting of 24th & 25th Sept 2018
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 120 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 24th AND TUESDAY 25thSEPTEMBER, 2018 Background The Monetary Policy Committee (MPC) met on…
Minimum wage: NLC Urges workers to begin strike Thursday
The Nigeria Labour Congress has directed workers to proceed on a nationwide warning strike with effect from Thursday. This followed the delay in negotiations for a new…
Heritage Bank Seeks Banks, Fintechs’ Partnership on Financial Inclusion
Heritage Bank Plc has stressed the need for sustained collaboration between banks and financial technology companies (fintechs). This will support Central Bank of Nigeria’s (CBN) drive for…