By Ada Anioji FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings Plc. is being celebrated for consistent and outstanding performance by three reputable financial awards institutions. The firm emerged winner of the “Best Refinancing in Africa’...
  By Ada Anioji   The latest move by the Central Bank of Nigeria, CBN to adopt a new flexible exchange rate regime in the country is eliciting mixed reactions from Nigerians. Hints on the new flexible exchange rate regime was disclosed to the...
By Olanrewaju Oyedeji It's a season of tough economic pills for Nigerians and speculations are rife that the devaluation of the naira is likely to be effected after the dust raised by the hike in fuel prices has died down. Already the process...
By Ada Anioji   The Nigeria-originating financial institution, FirstBank is set to further expand its portfolio of support for Small and Medium Scale Enterprises, SMEs. According to the Bank’s spokesperson, Folake Ani-Mumuney, the Bank is committed to supporting its customers with customised...
By Nsikan Ikpe   The Nigeria-originating, sub-Saharan African financial sector player, Access Bank Plc has announced its unaudited results for the period ended 31 March 2016, showing a 42% increase in Profit After Tax. A statement from the bank outlines that by...
By Ada Anioji Access Bank, one of Nigeria's leading deposit money institutions is commencing a new partnership with the Nigerian movie industry, Nollywood. This, the Bank esplains, is part of it’s continuous bid to improve and provide solutions for markets and...
By Ada Anioji   The Nigeria-originating financial services provider, Guaranty Trust Bank Plc, GTBank has partnered the pan-African entrepreneurship accelerator, She Leads Africa (SLA) and the Work in Progress! Alliance (Oxfam and VC4Africa) to launch the She Leads Africa Accelerator. The programme...
By Nsikan Ikpe As part of efforts to expand the tax net, Nigeria's Federal Inland Revenue Service, FIRS, may soon be requesting banks in the country to temporarily place a lien on accounts of organisations who do not regularly comply...
 Ada Anioji, with agency reports   There is growing concern over the future and shape of money with the continuing growth and expansion of international mobile money transfer services. In Africa, M-Pesa, the revolutionary mobile money transfer service introduced by Vodafone in...
  By Ada Anioji   First Bank, the commercial lending arm of the Nigeria-originating FBN Holdings Plc has commenced operations in Senegal. This, observers say is part of a move to further extend its tentacles within the West African subregion in the year...

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