Archives for MONEY MARKET - Page 115
Jaiz Bank’s gross revenue soars by 43 per cent to N5.99bn 2021 Q1
By Ngozi Onyeakusi--- Jaiz Bank Plc has reported a gross revenue increase of 43 per cent to in the first quarter of 2021 from in the corresponding period of 2020.…
Fitch affirms rating on FBN Holdings, First Bank
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its subsidiary, First Bank of Nigeria Ltd (FBN), at ‘B-’ with a Negative Outlook.…
E-payment transactions soars by 82% to N66trn 2021 Q1
Banks grow e-payment income by 51% to N53bn Accountmaintenance fees up 60% to By Babajide Komolafe & Elizabeth Adegbesan Nigeria’s financial system has recorded further surge in the value of…
N226bn real estate bad loans, source of worry to experts
Some experts have lamented the increasing non-performing loans in the real estate and construction industry. The Nigerian Bureau of Statistics in its latest report on selected banking sectors disclosed that…
Millionaires Emerge in UBA Savings Promo as 10 Customers win N1m Each
By Ngozi Onyeakusi--- Pan African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of N10m in the quarterly draws…
FG earned N496bn from VAT in Q1’21 – NBS
The National Bureau of Statistics (NBS) yesterday released VAT Report for Q1’21 showing that total revenue from VAT increased by per cent or billion to billion in the first quarter…
THE VOICE NIGERIA: FIRSTBANK IMPRINTS IN ENTERTAINMENT, YOUTHS DEVELOPMENT
By Israel Bolaji-Gbadamosi---- One of the key metrics that well defines a truly 21st century brand beyond profit making is its ability to connect with customers and stakeholders as a…
Listing on LCFE: Heritage Bank-Dukia Gold set to unlock N344trillion market worth of gold
L-R: Olawale Akoni (SAN), Managing Partner, Babalakin & Co; Olusegun Akanji, Divisional Head, Strategy & Business Solutions, Heritage Bank Plc; Ife Fashola, Group Chief Executive of KADARI Capital; Tunde Fagbemi,…
FCMB appoints Ms. Muibat Ijaiya as Independent Non- Executive Director
FCMB Group Plc has announced the appointment of Ms. Muibat I. Ijaiya to its Board as an Independent Non – Executive Director, following the approval of the Central Bank of…
CBN extends naira-4-dollar deadline to boost remittances
The Central Bank of Nigeria has extended indefinitely its ‘Naira 4 dollar scheme’ earlier scheduled to end on May 8, 2021. It disclosed this on Thursday in a circular to…