Why Nigeria’s expenditure on capital is very low – W’Bank
The World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri, has stated that the country’s public spending is among the lowest in the world.…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
Stanbic IBTC shareholders make 124% profit
The first half of the year ending in June 2023 would see higher capital gains for Stanbic IBTC Holdings Plc shareholders, according…
GTCO increases profit, asset value to N355.5tn
The earnings before tax for Guaranty Trust Holding Company Plc increased to N327.4 billion in the first half of the 2023 fiscal…
Indonesia to award $5m investors 10-year resident visa
Indonesia intends to launch a golden visa program targeted at attracting foreign individuals and business investors in order to stimulate the country’s economy.…
Sterling financial holdings CEO, three others buy N514m worth of shares
Sterling Financial Holdings Company Plc’s Group CEO Yemi Odubiyi and three other Directors have added 155,837,336 extra shares to their portfolio, totaling N514…
Ex-Stanbic IBTC CEO David-Borha sells shares
The previous CEO of Stanbic IBTC Holdings, Sola David-Borha, sold 615,812 shares of the company. The Punch reported that David-Borha carried out the…
CBN, FG to assess new regulation on bank customers
The national commissioner of the Nigerian Data Protection Commission, Dr. Vincent Olatunji, revealed that the commission had established a joint committee with the…
Accion MfB promotes funding for youth leadership initiatives
The chief executive officer of Accion Microfinance Bank, Mr. Taiwo Joda, has stated his commitment to developing the leadership skills of young people.…
Fidelity Bank offers loan program to schools
As summer vacation comes to an end, Fidelity Bank Plc says it would assist schools in effectively preparing for the next session…
Providus Bank vows to encourage non-oil export
Providus Bank has pledged to assist its clients in developing a domestic economy that is dependent on exports in a sustainable manner.…
Stanbic’s H1 2023 profit grows by 121%
Stanbic IBTC Holdings Plc released its half-year 2023 financial report, which showed a 121.46 percent increase in Profit After Tax to N67.919bn…
Zenith Bank names Dr. Juliet Ehimuan Non-Executive Director
Zenith Bank Plc’s Board of Directors has announced the appointment of Dr. Juliet Ehimuan as Non-Executive Director of the bank. The Times…