For business and economic news from around the world
WorldStage Newsonline– The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its two-day meeting on Friday with a decision to retain the Monetary Policy Ratio (MPR) at 11.5 per cent
Read More
WorldStage Newsonline– The Board of Directors, Union Bank of Nigeria has announced the appointment of Ms Aisha Abubakar as an Independent Non-Executive Director, effective Sept. 9.
Read More
The Group Managing Director/Chief Executive Officer of SCOA Nigeria Plc, Dr. Massad Boulos has commended Unity Bank Plc and other banks for facilitating a credit facility of N15.5 billion for the importation and supply of 33 MAN Platform Trucks and equipment to construction giant, Julius Berger Plc.
Read More
Standard Chartered on Wednesday launched its Smart Business Loan (SBL) product to support Small and Medium scale Enterprise (SMEs) in Nigeria.
Read More
The Board of Directors of the African Development Bank (AfDB), has approved a 50-million-dollar Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the AfDB and the Standard Chartered Bank.
Read More
WorldStage Newsonline– The measures put in place by the Central Bank of Nigeria (CBN) to prevent economic crisis spilling into a financial crisis in the height of the COVID-19 pandemic has paid-up, according to its governor, Mr Godwin Emefiele.
Read More
WorldStage Newsonline– Access Bank Plc has announced the over-subscription of its $500 million Senior Unsecured Eurobond issued last week under its $1.5 billion Global Medium-Term Note Programme.
Read More
The banking and finance sector has over the years played significant roles in the economy, but emerging challenges require that the sector takes on more transformative projects such as housing and renewable energy, among others, in ways that significantly impact job creation and poverty reduction, according to Vice President Yemi Osinbajo, SAN.
Read More
First Bank of Nigeria Ltd., has won the Global Finance ‘Private Bank of the Year 2021’ award.
Read More
WorldStage Newsonline– Fidelity Bank Plc has recorded a 70.9% growth in profit after tax (PAT) to N19.31 billion in the first six months ended June 30, 2021 from N11.30 billion recorded in half year 2020.
Read More