Lagos woos investors for N50b waste bond
The Lagos State Government has begun a fresh search for prospective investors to raise an instrument of N50 billion, to enable it to achieve an extensive and sustainable waste management system.
‘Competitive savings, others will achieve economic stability’
To tackle Nigeria’s economic challenges and accelerate its growth trajectory, the need to establish a competitive saving plan that would mop up a larger pool of funds to be deployed into specific sectors has been stressed.
Stanbic IBTC gets new certification
Stanbic IBTC Bank received the ISO 9001:2015 Certification, a highly regarded Quality Management System certification globally, in Lagos, at the weekend.The certification, among its many benefits, will enable the bank to serve its customers at the right level of quality and ensure zero variability....
Reserves back to $31b, CBN gives OFIs new BVN deadline
Central Bank of Nigeria (CBN) has extended the deadline for registration into the Bank Verification Number (BVN) project for Other Financial Institutions (OFIs) to December 31, 2017.
‘Losses to banking fraud, forgeries record decline’
Umaru Ibrahim, made this disclosure while delivering a lecture: “The Role of NDIC in Mitigating Corruption in the Nigerian Banks,” at the general meeting of the Abuja Chapter of the Alumni Association of the National Institute (AANI).
Diamond Bank earmarks N600m for bonanza in Q3
About N600 million has been set aside by Diamond Bank Plc to reward its loyal customers in the DiamondXtra Season 9 bonanza, as part of activities planned for the third quarter of 2017.
Wema Bank may suspend N43b bond over high rates
The Executive Director, Folake Sanu, said the decline in the bank’s deposit portfolio was a deliberate effort to change the structure of deposit taking to curtail costs.
Remita App to rev up competition in financial service delivery
The Managing Director, SystemSpecs, John Obaro, at the launch of the solution in Lagos at the weekend, disclosed that collaboration is already being worked out with banks to deliver efficient services to customers.