Why Access Bank, NB Plc avoided far North in ‘Access the Stars’ reality show
Fresh fact has emerged on why the coverage of debutant music reality show, ‘Access the Stars’ powered by Access Bank and Nigerian Breweries (NB Plc) did not go beyond Abuja even though larger number of Nigerian youths reside across the…
UBA’s Wise Savers’ promo holds final draw as 80 win N120million
United Bank for Africa (UBA) Plc midweek, rewarded another 20 customers who have emerged winners in the final draw of the UBA Wise Savers Promo, winning N1.5 million each, bringing the total amount won by 80 customers for the duration…
Investment Bank offers IMSG N100b Project Funding Support
Recent drive for both local and foreign investors by the Imo State Governor, Hon Emeka Ihedioha has started yielding fruits as a Nigerian Investment Bank, FSL Securities Limited has offered to assist Imo State Government in raising about N100bn for…
Banks’ deposit with CBN receding due to new Loan-to-Deposit Ratio of 65%
Since the Central Bank of Nigeria (CBN) increased the Loan-to-Deposit Ratio (LDR) from initial 60% to 65%, there had been a serious drop in banks’ deposit with the apex bank through the Standing Deposit Facility by 68 per cent in…
NGFCP boss in US, rolls out incentives for prospective investors
On the recommendation of the United State authorities in Nigeria, an invitation was sent to the Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP), Mr Justice Derefaka to address a massive convergence of oil and gas players and investors in…
UBA Foundation flags off 2019 edition of National Essay Competition
…Plans big for schools with highest entries The corporate social responsibility arm of the United Bank for Africa (UBA) Plc, the UBA Foundation, has commenced the 2019 edition of its annual National Essay Competition in Nigeria with a call for…
Gulf of Guinea: Buhari, IMO seek joint security architecture for safe shipping
President Muhammadu Buhari has advocated strategic joint security architecture amongst all maritime nations to fight piracy along the Gulf of Guinea in African waters. In his keynote address at the opening of the Global Maritime Security Conference (GMSC), presented by…
Activities of cyber criminals had assumed a high dimension— Akinwuntan
Managing Director of Ecobank Nigeria, Patrick Akinwuntan has raised what he described as issue of urgent national importance, saying time has come for all stakeholders collaboration in the fight against cybercrimes in the country to save the financial industry. Speaking…
Bankers’ Committee takes over 40 acres National Arts Theatre to build CIP
As part of efforts to take the current Nigerian Nollywood global rating as the second largest movie industry after India’s Bollywood, the Nigerian Bankers’ Committee (NBC) weekend took possession of ownership documents of the National Art Theatre, Igamu from the…
New CBN’s LDR policy may push up recovering NPLs in 2020—Codros Capital
Whereas , the non-performing loans (NPL) dipped by 14.1% q/q, thereby setting the stage for a 148 bps decline in the sector’s NPL ratio to 9.3% (Q1-19: 10.8%), , this is the first time sector NPLs have settled in the…
