Finance & Economy - Page 247

Access Bank Restructures Into Holding Company, Prepares For Future Challenges

In line with global best practices, Access Bank Group is restructuring into a non-operating financial holding company. The holding company, to be known as Access Holding Company, would serve as the parent

Etim Etim

December 17, 2021

Finance & Economy·News

U.S. Announces Two Opportunities for Nigerian Agribusinesses

AS part of efforts to support the food industry and agribusiness value chain in Nigeria, the Foreign Agricultural Service of the U.S. Mission in Nigeria is highlighting two opportunities for Nigerian agribusiness

Editor

December 16, 2021

Finance & Economy

Wema Bank Increases Loan Offering For Women In Small Businesses

To support women entrepreneurs, Wema Bank is taking measures that will revamp its 9% Loan Offering for Female owners of small and medium-scale enterprises (SMEs). The revamped offer includes a longer tenor,

Admin

December 16, 2021

Finance & Economy

Bankers Seek Stronger Economy In 2022

The Bankers Committee in it’s two-day meeting that ended Wednesday afternoon shared ideas on new ways to contribute to the growth of the Nigerian economy while making it more resilient to withstand

Chimara Bygold

December 16, 2021

Finance & Economy·News

Headline Inflation Decreases To 15.40% In November – NBS

Statistician-General of the Federation, Mr Simon Harry has said that the National Bureau of Statistics (NBS) report for November, revealed that Inflation decreased by 0.59 per cent to 15.40 per cent.

Victor Ezeja

December 16, 2021

Oil & Gas

Nigeria’s Oil Production Increases By 2.55 Million Barrels – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday said crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021. OPEC noted that the country’s

PBA Reporter

December 15, 2021

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1 2023

Finance & Economy

Banks Record N1.3tn Non-Performing Loans – CBN

Commercial Banks in Nigeria, according to the Central Bank of Nigeria, recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark. Figures obtained from the CBN

PBA Reporter

December 14, 2021

Oil & Gas

NNPC To Stop Rising Cooking Gas Price, Increase Supply

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, disclosed that the NNPC was making efforts to increase the supply of Liquefied Petroleum Gas, popularly called cooking gas,

PBA Reporter

December 14, 2021

Finance & Economy

Nigeria Earmarks N41billion For Heritage Bank’s Dry Season Wheat Farmers

High demand and poor production capacity of wheat have propelled an allotment of N41billion already being disbursed by Heritage Bank Plc to farmers across multiple states to expand the wheat production project.

Chimara Bygold

December 14, 2021

19 Bank Workers Sacked, As Nigerian Banks Lose N1.17 billion To Fraud

Finance & Economy

Fears, Concerns For Nigerian Banks In 2022

ANALYSTS at Vetiva Research, in a new report, say that the operating environment in Nigeria will remain tough for Nigerian banks as a result of harsh interest rates, inflationary pressures, and potential

Chimara Bygold

December 14, 2021

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Finance & Economy - Page 247

Access Bank Restructures Into Holding Company, Prepares For Future Challenges

U.S. Announces Two Opportunities for Nigerian Agribusinesses

Wema Bank Increases Loan Offering For Women In Small Businesses

Bankers Seek Stronger Economy In 2022

Headline Inflation Decreases To 15.40% In November – NBS

Nigeria’s Oil Production Increases By 2.55 Million Barrels – OPEC

Banks Record N1.3tn Non-Performing Loans – CBN

NNPC To Stop Rising Cooking Gas Price, Increase Supply

Nigeria Earmarks N41billion For Heritage Bank’s Dry Season Wheat Farmers

Fears, Concerns For Nigerian Banks In 2022

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