Business - Page 37

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

March 30, 2023

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CBN Will Add Value To Lives Of Nigerians-Cardoso

Mohammed Shosanya The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the bank will focus mainly on the core mandate of price stability under his leadership He disclosed

November 6, 2023

Banking&Finance·Business

We’ve Enough Currency Notes -CBN

Mohammed Shosanya The Central Bank of Nigeria (CBN), Thursday assured that it has available sufficient cash in stock of currency notes. In a statement signed by Isa AbdulMumin, Director, Corporate Communications,who conveyed

November 4, 2023

Banking&Finance·Business

Tizeti Secures Debt Financing To Boost Internet Access In Nigeria

Mohammed Shosanya Chapel Hill Denham’s Nigeria Infrastructure Debt Fund has agreed to provide long-term financing to Tizeti Network Limited,West Africa’s pioneer solar-based internet service provider. The senior debt facility will be used

November 1, 2023

Business·IT&Telecoms

CBN Says No Plan To Redenominate Naira

Mohammed Shosanya The Central Bank of Nigeria (CBN) has said that it has no plan to redenominate the Naira currency. The CBN’s director of corporate communications, Dr. Issa AbdulMumin, who disclosed this

November 1, 2023

Banking&Finance·Business

UBA Grows Gross Earnings By 115% In Q3

Mohammed Shosanya The United Bank for Africa (UBA) Plc, has announced an exceptional performance in its unaudited financial results for the third quarter ended September 30, 2023. The bank’s gross earnings grew

October 30, 2023

Banking&Finance·Business

Oyo Govt Disburses N500m To SMEs

Mohammed Shosanya The Oyo State Government on Monday presented N500m cheques to participating micro finance banks across the seven geopolitical zones in the state, as loan support to small and micro enterprises

October 30, 2023

Business·SME/Manufacturing

Stop Putting Undue Pressure On Us,Manufacturers Tell FG

Mohammed Shosanya The Manufacturers Association of Nigeria,MAN,has implored the federal government to stop putting undue pressure on its member through multiplicity of taxes. The group said,the government should consider expanding tax net

October 29, 2023

Business·SME/Manufacturing

Currency Circulation Now N66.4trn-CBN

Mohammed Shosanya The Central Bank of Nigeria CBN),says Nigeria’s total money supply (M2) increased to N66.4 trillion in September 2023. The data from the apex bank on money supply in the economy

October 28, 2023

Banking&Finance·Business

NESG Urges FG On Improved Ease Of Doing Business

Mohammed Shosanya The Nigerian Economic Summit Group,NESG,has emphasized the need for urgent strategic shifts that impact the ease and cost of doing business within a relatively short period. Its chairman,Mr.Niyi Yussuf,said this

October 23, 2023

Business·SME/Manufacturing

Depositors Of Distressed Microfinance Banks Get N1.2bn Refund

Mohammed Shosanya The Nigeria Deposit Insurance Corporation (NDIC) says it has so far made refunds of N1. 2 billion deposits to some of the 189 Microfinance Banks (MFBs) and the four Primary

October 20, 2023

Business·Insurance&Pension

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