IFC, a member of the World Bank Group, and Citi have established an $800 million facility to facilitate trade finance in emerging markets, supporting trade flows...
By Lukman Otunuga, Senior Research Analyst at FXTM As headwinds from the coronavirus pandemic storm lambaste the world economy, the outlook for Nigeria appears more cloudy for...
Nigerian banks are once again susceptible to an asset quality and solvency crisis as a result of the emergence of COVID-19 and subsequent deterioration in economic...
In adjusting to the new normal, business owners and operators of Small and Medium Scale businesses have been advised to invest massively in technology and find...
Access Bank PLC, Africa’s largest retail bank, has introduced *901*911#. The USSD code allows customers to deactivate their USSD profile once their mobile devices get lost...
Central Bank of Nigeria (CBN) has warned prospective applicants for the bank’s N50 billion Targeted Credit Facility (TCF) to beware of fraudsters using employees names as...
FirstBank of Nigeria Limited has announced that its mobile banking application, FirstMobile has been upgraded with new and improved features to promote safe and convenient Mobile...
FCMB Group has notified the Nigerian Stock Exchange, NSE, that its pensions arm, FCMB Pensions Limited, has entered into an agreement to acquire 96% of AIICO...
Unity Bank Plc said it is now positioned to increase lending activities and grow profitability. Its audited result and accounts for financial year ended December 31,...
By Hussein Sayed, Chief Market Strategist at FXTM “Coronavirus deaths topped 500,000 worldwide”, is the first headline to grab investors’ attention this morning. The mission is...