BoI records N44.7 billion profit-after-tax
The Bank of Industry (BoI) disbursed a total of N83.5 billion to 776 enterprises in 2015. These interventions also helped…
NDIC’s push for the return of Nigeria Savings Bank
The Nigeria Deposit Insurance Corporation (NDIC) is clamouring for the re-establishment of the Nigeria Savings Bank. Managing Director/Chief Executive of…
The thrust of Nigeria’s new debt Management strategy
Dr Abraham Nwankwo, Director General of the Debt Management Office (DMO), unveils the new three-year debt management strategy approved by…
Eurobond to the rescue
The Federal Government will be heading to the international capital market to issue $1 billion Eurobond in the third quarter…
New wave of job losses in the banking sector
Despite the Federal Government’s effort to halt the ongoing job losses in the banking sector, there are indications that the…
LIB: The Roaring Lion of Ethiopia’s Banking Sector
CERTAINLY, Lion International Bank (LIB) S.C is changing the banking landscape in Ethiopia. With the vision to become one of…
The Implication Of What Foreign Investors Just Admitted To Reuters
The excitement over the new flexible exchange rate policy announced by the Central Bank is gradually waning as the attention…
Ecobank may close some African units as it eyes more promising markets
Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to…
The Nigerian Export-Import Bank (NEXIM) Appointed Managing Agent of Federal Government’s Export Stimulating Facility (ESF) and Export Rediscounting and Refinancing Facility (RRF)
The Nigerian Export-Import Bank (NEXIM) has been appointed by the Federal Government of Nigeria as managing agent of the newly…
The quest for stronger capital market
The leadership of the National Assembly promises to ensure speedy passage of new amendments to existing law to make Nigeria’s…