E-Financial

Kemi Adeosun, finance minister

FG Approves $1.3Bn Take-off Grant for Development Bank of Nigeria

The Federal Executive Council has approved a 1.3 billion dollars loan credit facility for the commencement of the Development Bank of Nigeria. The approval came on the

FXTM: Markets Enter Q2 On a Mellow Note

FXTM Research Analyst Lukman Otunuga comments on the Greenback cruised into the second quarter of 2017 with style as bulls propelled prices towards 100.60 amid the

Jaiz Bank MD Says NPL within Tolerable Limits

As the incidences of Non-Performing Loan (NPL) continue to dog bank’s in Nigeria, Jaiz bank plc Wednesday disclosed that its exposure to NPLs in the short to medium term

Kaspersky Exposes How Hackers ‘Lazarus Group’ Terrorise Banks

The results of its more-than-year-long investigation into the activity of ‘Lazarus’, a notorious hacking group allegedly responsible for the theft of 81 million dollars

Kennedy Uzoka, GMD/CEO of UBA

Investing in People: Amid Economic Recession, UBA Promotes 3,000 Staff

United Bank for Africa (UBA), Africa’s Global Bank operating in 19 African countries, has announced the promotion of 3,000 staff members, reinforcing its commitment to

FXTM Analysis: IMF’s Warning Weighs Heavily on Sentiment in Nigeria

The improving sentiment towards the Nigerian economy was dealt a heavy blow in March following reports of the International Monetary Fund’s (IMF) warning of a potential

Firm Unveils Mobile Apps for BVN

In its quest to eliminate fictitious address verification during the mandatory Know Your Customer (KYC) procedure in banks and other financial institutions, DataPro,

FXTM Analysis: Xi-Trump Summit in The Spotlight the Week Ahead

FXTM Chief Market Strategist Hussein Sayed comments on the week ahead with Xi-Trump summit on the horizon: RecapThe U.S. dollar bulls finally regained some control of

AfDB Approves $450m Trade Finance Package for Afreximbank

The Board of Directors of the African Development Bank (AfDB) has approved on $450 million Trade Finance Package for the African Export–Import Bank (Afreximbank). The

First Bank MD Warns Against Home Banking

Dr Adesola Adeduntan, Managing Director of First Bank Nigeria has advised Nigerians who have resorted to home banking to cultivate the habit of saving their monies in

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