Why Fidelity Bank rebranded, by MD
The rebranding project of the Fidelity Bank Plc is borne out of the need to reflect the changing times, acquired strength, strategies and renewed drive to serve in a competitive environment. The Managing Director and Chief Executive Officer of the bank, Nnamdi Okonkwo, in his presentation at the official unveiling of the financial institution’s new…
Stanbic IBTC, PAN partner on vehicle financing
STANBIC IBTC Bank and PAN Nigeria Limited, have signed a Finance Lease Agreement, in a move expected to redefine vehicle financing and acquisition in the country as well as empower Nigerians to own new vehicles.
Getting ready to start forex trading
TECHNOLOGICAL advancements and widespread internet connectivity have made forex trading one of the most popular and easily-accessible forms of retail investment.
Nigeria’s evolving concession and PPP architecture
Nigeria has an infrastructural deficit that is difficult to calculate. Every industry is restricted by a lack of power, by inadequate and failing road infrastructure, by crowded ports, and by the paucity of rolling stock to transport goods across the nation’s vast geography.
Banking fraud attempts hit 1,544 in six months
INDICATIONS have emerged that electronic fraud attempts in banking industry in the first half of the year reached 1,544, with value in excess of N1 billion.
Diversify economy to boost GDP, say stakeholders
Stakeholders in the financial industry have stressed the need for government at all levels to urgently create enabling environment that would favour economic diversification with less emphasis is made on mono-economy system, in order to increase its GDP and revenue for sustainable development.
CBN to review bank charges, as official-parallel forex rates remain wide
The Central Bank of Nigeria (CBN) is on the verge of reviewing the Guide to Bank Charges, as it has already requested banks and other financial institutions to forward their respective lists of products and services as at March 31, 2013, which were not covered in the extant guide.
Group flays violation of budget report by BOF
The Centre for Social Justice (CSJ), a civil society group, has raised the alarm over the absence of budget implementation report since the second half of 2014, which is due every quarter by the Budget Office of the Federation (BOF). Besides, the group noted that the violation has been extended to the 2014 financial…
Investment fora as vehicles for diversification agenda
The nearly 60 per cent sharp fall in the international price of crude oil is no longer a folktale, especially with its terrible pangs on the sub-national governments’ economies. In fact, the development marked the beginning of their current excuses for the huge unpaid salaries. For forward looking and thinking states, retooling their respective revenue…