FCMB promo produces more millionaires
First City Monument Bank (FCMB) has rewarded another set of 644 customers at the second draws of its ongoing promotion tagged, “FCMB Millionaire Promo Season 3.”The winners emerged at the electronic selection exercise...
Debtors fight back as AMCON increases tempo on recoveries
Even before assuming the reins of power, President Muhammadu Buhari, then candidate of the All Progressives Congress (APC), left no one in doubt during his campaigns that his second coming, just like his days as military head of state would exercise zero tolerance to corrupt practices.
Standard Chartered sustains Africa initiative, commits $3b
Standard Chartered Bank Nigeria Limited said the banking group is positive on Africa’s growth potential, as it reiterated plans to step up investments and leverage its unique footprint and international banking expertise to drive growth in the continent.
SIA, firms seal $700m deal in real estate, agric
The Nigeria Sovereign Investment Authority (NSIA), managers of the nation’s sovereign wealth fund (SWF), has entered into agreements with Old Mutual Investment Group (OMIG), South Africa, and UFF Agri-Fund for the establishment of a $500 million...
NSE records N10.7 billion transactions in one week
The Nigerian Stock Exchange (NSE), last week, recorded a turnover of 1.361 billion shares worth N10.711 billion in 16,070 deals last week, in contrast to a total of 1.185 billion shares valued at N13.033 billion that changed hands in 18,548 deals during the preceding week.
Sterling Bank unveils diaspora services
Sterling Bank Plc, over the weekend, unveiled an initiative to provide financial services for Nigerians living outside the shores of the country.Codenamed “Sterling Diaspora Services”, the bank’s Group Head...
‘Raw materials in rural areas can address unemployment deficit,’ says Oguntala
According to Oguntala “every time demand goes to supply, the value of the product is significantly diminished and this is the model that China is using that has worked quite well in its favour.
Reserves stable at $26 billion, naira falls further
The foreign exchange reserves have lost $2.97 billion since this year from combined challenges of low earnings and interventions in defense of the local currency.
Ecobank unveils new consumer campaign
Ecobank Nigeria has launched a fully-integrated consumer advertising campaign tagged “Move on Up”, in efforts to ensure quality, accessible and convenient digital banking solutions across the country.