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Banks’ credit rises by N4.54trn in one year

The banking industry total credit increased by N4.54 trillion or 17.40 percent…

5 Min Read

GTCO’s FX internet banking spoils black market business

The new foreign exchange product by GTCO, the parent company of GTBank,…

4 Min Read

Here’s how dollar traded at parallel market Monday

Naira on Monday firmed marginally against the dollar, gaining N1.00/$1 as demand…

2 Min Read

NEXIM partners Fidelity, Sapphital on export

As part of efforts to boost Nigeria’s foreign exchange earnings, the Nigerian…

3 Min Read

Harsh economy: LAPO Microfinance Bank raises staff pay to enhance productivity

LAPO Microfinance Bank Limited has empowered about 7,000 staff with a salary…

2 Min Read

Aggressive interest rate hikes unlikely amid 30% inflation forecast

The Bank of America says aggressive interest rate hikes are unlikely, while…

3 Min Read

5 African banking groups adopt PAPSS for cross-border transactions

The Pan-African Payment and Settlement System (PAPSS) has signed a memorandum of…

4 Min Read

Sterling Bank, SMEDAN to create Nigeria’s largest SME database

Sterling Bank, has recently signed an agreement with the Small and Medium…

4 Min Read
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