BANKING
December 5, 2019
CBN to Auction N795bn Treasury Bills in Q1 2020
The Central Bank of Nigeria (CBN) will in the first quarter of 2020 issue treasury bills worth a total of N795.427 billion.
The debt instrument would be made up of 91-day, 182-day and 364-day bills.
"...
Read More >>December 4, 2019
FSDH Merchant Bank Commences Custom Duty Collecting Services-Libya
FSDH Merchant Bank has officially begun operations as a Custom Duty Collecting Bank in Nigeria.
This, according to a statement, has paved the way for other Merchant Banks across the country to be afforded the"...
Read More >>December 4, 2019
Rand Merchant Bank Unveils Custody Offering
Rand Merchant Bank Nigeria (RMBN) has launched its custody offering, a banking solution aimed at enhancing the ‘post-trading’ activities of clients.
The financial institution over 25 years ago commenced"...
Read More >>December 2, 2019
TAJBank Commences Operations Today
TAJBank, Nigeria’s second non-interest financial institution will today officially open its doors to customers as it commences operations in Abuja.
Speaking in an interview with THISDAY, the founder and"...
Read More >>December 1, 2019
Seven banks to contribute LD 150 to Credit Guarantee Fund
Seven of Libya’s leading banks (Jumhouria, Assaraya (ATIB), Sahary, North Africa, Waha, Wehda and Alyaqeen banks) will contribute to a LD 150 million Credit Guarantee Fund to help drive growth in the Libyan economy.
The"...
Read More >>November 27, 2019
Ovia, Others for Zenith Bank Tech Fair
The Zenith Tech Fair is to hold in Lagos, today. Some of the dignitaries and industry experts expected at the event include the Founder and Chairman, Zenith Bank Plc, Mr. Jim Ovia; Country Director, Google Nigeria, Juliet Ehimuan-Chiazor; Country Manager, Microsoft Nigeria, Akin Binuso;"...
Read More >>November 25, 2019
Fidelity Bank Rewards More Customers in Promo
Fidelity Bank Plc has rewarded more of its customers in its ongoing ‘Get Alert in Millions (GAIM) Season 4,’ with 13 cash winners and consolidation prize winners, at the weekend.
The winners who emerged"...
Read More >>November 12, 2019
Libya Targets Foreign Investors in “Vast” Reconstruction Drive
Libya is reportedly preparing to launch a comprehensive reconstruction program with the support of international organizations including the World Bank.
Xinhua quotes Libyan Minister of Planning Taher Al-Juhaimi"...
Read More >>November 10, 2019
The Edo State Governor, Mr. Godwin Obaseki, will chair the Nigeria Governors’ Forum (NGF) committee which will interact with relevant government agencies and prepare modalities for accessing a $750 million World Bank grant. Obaseki who disclosed this on arrival at the Benin Airport"...
Read More >>November 10, 2019
Ecobank Fighting the Sustainability Battle
It cannot be said that all is well with Ecobank Transnational Incorporated (ETI), going by the setback it recorded in its core banking operations, which whittled down its finances in the third quarter ended September 30, 2019. Obviously, shareholders of the bank are the biggest losers as"...
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