Sterling Bank to boost capacity of MSME’s in Lagos

From Ngozi Onyeakusi, Lagos Sterling Bank Plc has resolved to flag off a three days capacity workshop for members of the Nigerian Association of Small and Medium Enterprises (NASME) Lagos State Chapter come this week. The workshop which is part of the bank nationwide capacity building programs aimed at empowering Micro Small and Medium Enterprises (MSME) More...

by Peoples Daily | Published 2 years ago
By Peoples Daily On Sunday, February 14th, 2016

CBN, Banks to stop sale of Forex for payment of school fees, medical bills

From Ngozi Onyeakusi, Lagos Central Bank of Nigeria (CBN) and the Deposit Money Banks (DMBs)  have resolved henceforth not to issue foreign exchange for the payment of  school  fees and medical bills. These items More...

By Peoples Daily On Sunday, January 31st, 2016

CBN N350bn intervention fund: NEXIM set to invest in Agriculture, others

From Ngozi Onyeakusi, Lagos The Managing Director, NEXIM Bank, Robert Orya has assured that the Central Bank of Nigeria, CBN, intervention fund of N350 billion  injected into the bank  would be invested in Agriculture, More...

By Peoples Daily On Sunday, June 7th, 2015

Skye Bank appoints four Executive Directors

From Ngozi Onyeakusi, Lagos Skye Bank Plc has announced the elevation and appointment of four new Executive Directors to the board. According the bank, the development was line with the banks effort to uphold the More...

By Peoples Daily On Monday, June 1st, 2015

80% of African Insurance businesses lost to foreign firms-Africa Re boss

Group Managing Director/CEO of Africa Reinsurance Corporation (Africa Re),Mr. Corneille Karekezi Group Managing Director/CEO of Africa Reinsurance Corporation (Africa Re),Mr. Corneille Karekezi, has said that about More...

By Peoples Daily On Sunday, May 3rd, 2015

NDIC warns against illegal fund managers

From Ngozi Onyeakusi, Lagos General public and depositors have been warned against patronizing illegal fund operators, popularly called ‘wonder banks’. The Nigeria Deposit Insurance Corporation (NDIC) who gave More...

By Peoples Daily On Sunday, April 19th, 2015

Diamond Bank PAT dips by 15.1%

From Ngozi Onyeakusi, Lagos Diamond Bank Plc unaudited financial report for the first quarter ended, March 31st, 2015 showed depreciation in profit after tax to the tune of 15.1 per cent from N8.4 billion recorded More...

By Peoples Daily On Sunday, April 12th, 2015

Unity Bank grows N3.6bn PAT

From Ngozi Onyeakusi, Lagos Unity Bank Plc. has grown Profit After Tax (PAT) of N3.624 billion for the first quarter of 2015 compared to N2.670 billion recorded in the previous year. According the banks filing with More...

By Peoples Daily On Sunday, April 5th, 2015

CBN cashless drive has recorded achievement – Obaro

From Ngozi Onyeakusi, Lagos Managing Director/Chief Executive Officer, SystemSpecs Company Limited, Mr. John Obaro, has assured that Central Bank of Nigeria’s cashless initiative has achieved some feat despite More...

By Peoples Daily On Sunday, March 29th, 2015

W/Bank Energy Initiative targets 30% Nigeria’s rural population

The World Bank has explained that its rural electrification project intends to give Nigerians in rural areas access to electricity. The International Financial Corporation (IFC), a member of the World Bank Group More...