Business Hilights

Tracking Nigeria's Headline Business News Online

Bankers’ Committee

CBN’s acclaimed NIRSAL Microfinance Bank yet to be seen in many NIPOST

Contrary to the claims of the Central Bank of Nigeria’s Governor, Godwin Emefiele that NIRSAL Microfinance Bank it created in 2019, are now operational in NIPOST outlets nationwide, checks in parts of the country showed otherwise, rather abandoned and lifeless…

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

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…

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

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…

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

…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….