... As BDC Operators Confirm CBN Swoop On Hoarders, Speculators
The Central Bank of Nigeria (CBN), has vowed to go after currency hoarders and speculators whose activities are affecting the appreciation of naira against the US dollar.
An authoritative source in the apex regulatory bank said the speculators and hoarders...
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank.
A review of the lender’s unaudited nine-month...
Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023.
The bank was presented the award at a prestigious dinner event held on Saturday, 28 October...
The Nigerian private sector dipped into contraction in October as a record increase in input costs impacted customer demand. Sharply rising prices also discouraged firms from purchasing inputs and caused delays in the completion of orders. On a more positive note, employment continued to rise amid company expansion plans.
The...
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the Group’s resilience and strong market share despite a very...
Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023.
The bank was presented the award at a prestigious dinner event held on Saturday, 28 October...
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).
The Group reported profit before tax of ₦433.2billion, representing an increase of 155.2%...
…Signs $40million deal with AFREXIM Bank and JohnVents Industries for cocoa export
The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, 24 October 2023 as leading financial institution -Fidelity Bank Plc -hosted a broad range of businesses,...
All is now set for the Fidelity International Trade and Creative Connect (FITCC) billed for Houston, Texas in the United States of America.
Labeled as FITCC Houston, the second edition of the international expo will take place from the 24th to 25th of October, 2023 at the plush George R....
Various stakeholders including Mrs. Oluwayemisi Ogunmola, Managing Director of EDC Fund Management Limited, a member of the Ecobank Group; Mr Abubakar Suleiman, CEO of Sterling Bank; Mrs. Oluwatomi Somefun, CEO of Unity Bank; Gbenga Oyebode, Board Chairman at African Philanthropy Forum; Asue Ighodalo, Founding Partner at Banwo & Ighodalo;...
