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The current drive by First Bank Plc, to improve investments in the agricultural sector in Plateau state through the offer of credit instruments to farmers has not been hampered by the N1 billion already sourced from the bank by farmers as the facility is still open for access.
The Managing Director and Chief Executive of Oceanic Bank International Plc, Dr. Cecilia Ibru was yesterday honoured in Accra, Ghana with the Kwame Nkrumah African Leadership award.
The leading telecommunications company, MTN Nigeria, has signed an agreement for the provision of wide Area Network(WAN) solutions to support 21 Central Bank of Nigeria (CBN) branches across the country.
The suit instituted by some shareholders of Spring Bank on the acquisition bid by Platinum Habib Bank Plc (Bank PHB) was yesterday struck out by a Federal High Court in Lagos.
Dr. Mike Ikupolati, Director General/ Head Of Mission West African Insurance Institute, Kotu South, Banjul, The Gambia, has suggested ways to make the practice of micro-insurance work in the West African sub-region.
Goldlink Insurance Plc has announced a profit of N696 million in its operation in the third quarter ended September 30, 2008, the company's Managing Director, Femi Okunniyi, said.
Fina Bank, one of the leading regional banks, has started operations in Uganda as part of its regional expansion strategy.
KENYA Commercial Bank (KCB) has listed shares worth sh2.1b on the Uganda Securities Exchange (USE).
Makeni branch of Rokel Commercial Bank (RCB) Friday donated ten helmets to commercial motorcycle 'okada' riders in the township.
OGUN State Governor, Otunba Gbenga Daniel, yesterday, urged the Central Bank of Nigeria (CBN) to quickly come out with bailout strategy that would restore sanity in the financial system in view of the ongoing global financial disorder, even as he reaffirmed commitment of his administration to provide enabling and conducive environment for business to thrive.
Central Bank of Nigeria (CBN) has said that foreign exchange offered for sale under the Wholesale Dutch Auction System (WDAS) increased to US$320.00 million from US$140.00 million in the week ended November 14, 2008.
The Mozambican government signed an agreement with the African Development Bank (ADB) in Maputo on Monday under which the ADB will grant 90 million US dollars during the period 2008-2010 for poverty reduction programmes.
Investors' preference for the shares of banking sub-sector since the resumption of bears market last week saw the sector topping the performance chart in terms of volume and value of equities traded.
SENIOR officials allegedly dismissed seven National Youth Service (NYS) graduates from the Reserve Bank of Zimbabwe Bulawayo branch for allegedly unearthing shady foreign currency deals.
The Enugu North local government area of Enugu State, in collaboration with First Bank of Nigeria and the Central Bank of Nigeria, has concluded plans to float a N20 Million Micro Credit Scheme for farmers in the state.
The management of Peace Microfinance Bank Limited said plans are underway to empower low-income earners and civil servants in acquisition of property.
Experts from Citibank, the New York based banking giant that recently was swindled of 27 million dollars from the Ethiopian National Bank's US account, have scheduled to visit the National Bank of Ethiopia (NBE) within the next few weeks to verify NBE's SWIFT security code system through which the two banking entities have been communicating.
Oceanic Bank International Plc's quest to become a one stop financial super market is yielding results as it has added another subsidiary, Oceanic Pension Fund Custodians Limited.
Central Bank of Nigeria (CBN) Governor, Prof. Chukwuma C. Soludo has been appointed as a member of the United Nations task force that will address the global financial crisis.
The Bank of Industry (BOI) has announced an increase of 338.65 percent representing N43.25 billion on the value of its fresh loans and investments in June this year.
Attempts by seven banks to finance the purchase of Chevron Oil and Gas Limited's 60 per cent equity stake of Texaco Nigeria Plc by MRS Holdings Limited, Petroci Holdings and Corlay Global S.A. suffered a major set-back yesterday as a Federal High Court in Lagos restrained them from getting involved in the process.
Union Bank of Nigeria Plc has concluded arrangement to hold its Annual General Meeting (AGM,) in Sokoto, where shareholders are expected to ratify its 2008 financial results ended March 31, 2008.
Experts in the Nigerian capital market have expressed their concerns over the ability of the market to sustain its current rally.
STANBIC Bank has confirmed an entry of 584 runners in the MTN Kampala International Marathon race, as bankers continue seeking a maiden corporate title, having failed to win it in the first four editions.
First Bank of Nigeria Plc in Kano state has been ordered by the state High Court, situated at Miller Road High Court complex, to pay Zam Zam Industries Limited the sum of 40,706.78, pounds as compensation.
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