Association of Issuing Houses of Nigeria(AIHN) Private companies and the government raised N3.44 trillion through Corporate Bonds and Commercial Paper issuance in two years, the Association of Issuing Houses of Nigeria (AIHN), announced yesterday. AIHN President, Ike Chioke, disclosed this at the group’s Annual General Meeting (AGM) and presentation of …
Read More »CBN extends use of old Naira notes indefinitely
Old naira notes The Central Bank of Nigeria (CBN) has extended the use of old Naira notes indefinitely and beyond the December 31, 2023 deadline set by the Supreme Court. Isa AbdulMumin, Director, Corporate Communications, CBN, in a statement on Tuesday, said Nigerians should recall that the apex bank introduced …
Read More »Stanbic IBTC Bank Showcases upgraded EOL 2.0 Transaction Solution
Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC Holdings, hosted a webinar focused on facilitating seamless payment experience for business owners through the enhanced Enterprise Online (EOL) payment platform. The webinar themed “Simplifying Payments for Businesses”, unveiled EOL 2.0, an upgraded solution created to facilitate smooth payment experience and improve human …
Read More »We Never Endorsed Yahaya Bello’s Criminality In Kogi Governorship Election – African Action Congress Tackles APC
AAC in a statement issued on Wednesday said that APC in a desperate move to shop legitimacy for the electoral violence has mischievously listed the party as one of the parties endorsing the charade that took place on Saturday. The African Action Congress (AAC) has denied endorsing the “gross malfeasance …
Read More »Photo Release: Chief Executive Officer/Managing Director, Airtel Nigeria, Carl Cruz; at the end of their session at Nordic Nigeria Connect 2023
Airtel Partners Africa Startup Festival to Further Boost Entrepreneurship
Leading telecommunications service provider, Airtel Nigeria, has affirmed its continued support for startups as worthy vehicles to enhance various sectors of the economy. This commitment was disclosed during the Airtel sponsored Africa Startup Festival which took place at the Landmark Event Center, Victoria Island, Lagos on November 11, 2023. Speaking …
Read More »Union Bank To Pay Shareholders N7.7 Per Share As 106-Year-Old Institution Delists From Stock Market
Union Bank of Nigeria Plc has proposed a settlement amount of N7.7 per share for its shareholders as the lender is finalising plans to delist from the Nigerian Exchange Group Ltd. The bank which began operation in 1917 disclosed the offer on Tuesday in a regulatory filing obtained. Union Bank …
Read More »Stanbic IBTC Bank Introduces Specialised Mortgage Solution for salary earners
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, is pleased to announce its innovative Specialised Mortgage solution designed to address the challenge of accessing mortgage finance for salary earners. Leveraging the Pension Commission’s (PENCOM) policy update allows pension contributors to access part of their retirement savings as equity contributions …
Read More »Youth unemployment eradication, our priority- Dangote
Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. She said, it is only when youths are positively engaged, that the high insecurity problems in the country will fade away. Fatima, who made this disclosure at …
Read More »Exchange rate: NECA, experts disagree on FG’s target
Against the backdrop of indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganising the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals. They however, advised government …
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