Archives for July, 2019
Forex: CBN boosts Wholesale Segment, Others with $210m
By Ngozi Onyeakusi -- In its last intervention for the month of July, the Central Bank of Nigeria (CBN) has injected the sum of $210 million into the…
Seplat grows H1 profit by 15% to $121m
Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE), has…
Interconnect Debt: NCC, Glo, MTN Sing Discordant Tunes
A breakdown in mobile communication between million Globacom subscribers and MTN network users may persist as both network operators are not making moves to reconcile their differences,…
Fidelity Bank Says Its Loan To Deposit Ratio Above CBN 60% Limit
Fidelity Bank Plc on Tuesday expressed continous support to the growth of Small and Medium Enterprises (SMEs). The bank said that its loan to deposit ratio (LDR) was…
Enter for Union Bank’s edTech Challenge – N5m Funding Support Up for Grabs!
The 2019 edTech Challenge is now open for entries!! Do you have an innovative, technology-driven solutionwith the potential to solve education challenges in Nigeria?Are you a student, teacher, developer,…
AIICO Sustains Profitability, Grows GWP By 32% To N25.4bn In H1 2019
From left: Head, Strategic Marketing & Communications, AIICO Insurance Plc, Segun Olalandu; Divisional Head, Shared Services, Olusanjo Shodimu; Executive Director/Chief Operating Officer, Babatunde Fajemirokun; Head, Corporate & Institutional…
Shareholders okay FMDQ’s name change to holding company
Shareholders of FMDQ Securities Exchange Plc have given their consent for the company name to be changed to FMDQ Holdings Plc. The Chairman, FMDQ, Dr Joseph Nnanna, said…
Heritage Bank, Afreximbank, Zamfara Seal $1b agric, solid minerals deal –
Heritage Bank, Afreximbank, Zamfara seal $1b agric, solid minerals deal - Heritage Bank Plc, African Export Import Bank and Zamfara State government have sealed a deal to the…
Kidney Disease: Expert Seeks More Govt. Involvement In Dialysis
A professor of Medicine, Ikechi Okpechi, has appealed to the Federal Government to scale-up the coverage of National Health Insurance Scheme (NHIS) for end-stage kidney disease treatment to…
World Bank loans in Nigeria rise by $2.19bn in three years –
The World Bank loan portfolio in Nigeria increased by $ in the last three years, investigation has shown. Data obtained from the Debt Management Office in Abuja on…