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Ecobank: Africa’s premium lender votes for Agribusiness

BY EMEKA EJERE Ecobank Nigeria Plc last week declared that it is supporting over 70,000 farmers with special loans nationwide to increase their capacity and...

Mustafa Chike-Obi:  New challenges for a financial guru

BY EMEKA EJERE The recent announcement of Mr. Mustafa Chike-Obi, as the successor to the outgoing chairman of Fidelity Bank Plc, Mr. Ernest Ebi, may...

Union Bank to provide water in six geo-political zones

Union Bank of Nigeria (UBN), said on Friday that it would provide potable water to the six geo-political zones in the country as part...

COVID-19: IFC facility boosts FCMB stimulus package

BY EMEKA EJERE The resolve of First City Monument Bank (FCMB), to support businesses weakened by the coronavirus (COVID-19) pandemic to remain viable received a...

Benedict Oramah: Crusader of Africa’s economic integration

By EMEKA EJERE On June 14, 2020, shareholders of African Export-Import Bank (Afreximbank), voted and re-appointed Prof. Benedict Oramah, as the president of the pan-African...

Access Bank announces interest rates cut

BY EMEKA EJERE Leading Nigeria’s retail banking service provider, Access Bank Plc. has announced downward review of interest rates on some of its products. In an...

Many banks have reached obligor limit in oil & gas sector, says expert

A lot of banks in Nigeria have reached their single obligor limit in the oil and gas sector, Ms Ronke Onadeko, Principal Consultant, DRNL...

Despite improved liquidity, Naira depreciates to N460/$1 at the parallel market

BY EMEKA EJERE The Naira depreciated to N460 to a dollar at the parallel market, popularly referred to as the black market, on Tuesday, May 19,...

Customers moan over poor POS, electronic transactions

By AYOOLA OLAOLUWA The high patronage of electronic transfer and Point of Sales (Pos) services by Nigerians during the current lockdown over the COVID-19 pandemic...

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