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Tag Archives: Bankers’ Committee

Zenith Bank report hails DBN, silent on planned MDBs’ N26bn to lift SMEs

ZENITH-BANK-PLC

It was not clear if it was because the report may have been ready before the recent decision of Nigerian Bankers’ Committee to pull over N26bn in aid of growing Small and Medium Enterprises’ (SMEs), otherwise, the latest Zenith Economic Quarterly, a publication of Zenith Bank Plc, has adjudged the new Development Bank of Nigeria (DBN) as the best solution ...

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Interest rate anxiety heightens as DMBs agree to drive N26bn support for SMEs

smes logo

Though Nigerian Deposit Money Banks (DMBs), had announced setting up of business review committee to oversee the disbursement of N26 billion equity funds for the Small and Medium Enterprises (SMEs), business development analysts are divided on the true colour of interest rates to charge applying budding businesses. The SMEs Projects Review  Committee include the Managing Directors  of Zenith, GTB, First ...

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Peter Obi lists three-way out of recession at GOCOP summit in Lagos

Peter O Gocop

…Bankers’ Committee feels Nigeria may have exited recession in 2nd or 3rd quarter 2017 Successful development banker, economist and former governor of Anambra State, Dr. Peter Obi in Lagos on Thursday, crafted three strategic way-out of recession for the Nigerian economy. This is as the Nigerian Bankers’ Committee; the same day after their meeting in Abuja, claimed that Nigeria may have ...

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