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Freetown Explosion: President Weah Condoles With Sierra Leone Over Tragedy
PRESIDENT Goerge Weah has sent his condolences to President Julius Maada Bio of Sierra Leone and his citizens over the fuel tanker explosion that occurred on Nov. 5, in Freetown, Sierra Leone. Weah made this known in a statement issued by Mr
Delta State Task Force On Environment Proposes N300m For 2022 Taskforce
THE Delta State Task Force on Environment says it has proposed N300 million for its activities in the 2022 fiscal year. Agency Chair Silvester Oromoni disclosed this in Asaba when he led other officials of the agency to defend the 2022 budget
Analysts Endorse CBN’s ‘100 For 100’ Financing Scheme
A herd of finance and economic analysts drawn from Lagos-based investment banking and research firm, Afrinvest (West) Africa Limited has applauded the recent financing scheme policy designed by the Central Bank of Nigeria (CBN’s) to 100 high-impact companies and projects every 100
CBN Releases Revised Guidelines On Anchor Borrowers’ Programme
THE Central Bank of Nigeria (CBN) over the weekend released revised guidelines on one of its major intervention schemes, the Anchor Borrowers’ Programme. According to the apex bank: ‘‘The revised guidelines address current realities and developments in the Anchor Borrowers’ Programme, aimed
Heritage Bank Reinforces Commitment To Technology
HERITAGE Bank Plc has launched a robust innovative and advanced digital banking experience called “Octiplus”. A statement signed by Ozena Utulu, Ag. Group Head, Corporate Communications at Heritage Bank noted that Octiplus as a bank-agnostic, all-in-one digital banking application grants users access
Bank Of Industry Explains Why Entrepreneurs’ NPLs Are Almost 100%
THE Bank of Industry (BoI) has said that most people are not paying back loans because tgey erroneously believe that any money from the Bank is owned by the government and is a national cake. Specifically, the bank’s managing director, Olukayode Pitan,
T-Bill Auctions , Maturities To Moderate Rates, Boost System Liquidity
THERE are expectations that stop rates of the 364-day bills will moderate amid expected boost in financial system liquidity. In the new week, dealers said Treasury-bills worth N155.12 billion will mature via the primary and secondary markets which will marginally exceed T-bills
FCMB Raves Up Support In Child Health Care, Innovative Learning
FIRST City Monument Bank (FCMB), has equipped the newly constructed E-classroom of the Institute of Child Health (ICH) of the University of Ibadan (UI) to safeguard children’s health care through research, training, and services in a post-pandemic world. Speaking at the handover
Banks May Lose More Fintech Space On MTN, Airtel’s Payment Service Permit
MTN Nigeria Communications Plc (MTNN) and Airtel Africa Plc have got assent from the Central Bank of Nigeria (CBN) to run payment service banks, Nigeria’s biggest two telecom firms said on Friday, more than two years after they approached the regulator for
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Gold Steady Near USD 4,000, Investors Assess Geopolitical Risks
Minutes from the September FOMC meeting showed that policymakers view
Global Stock Markets Set to Rally on Trump-Backed Gaza Deal
Global stock markets may surge significantly if Trump-backed agreement decisively
Silver Declines Slightly as Investors Take Profits, Outlook Remains Positive
Silver eased on Tuesday, retreating from its recent highs as
Biggest Stock Rally in 15 years: Investors Rush Back to Emerging Markets
An MSCI benchmark of emerging-market equities has risen nearly 30
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