The Governor of Osun State, Adegboyega Oyetola on Thursday launched the state’s post COVID-19 economic intervention pilot programme. The programme will see government disbursing a whopping sum of N100million to 2,000 beneficiaries for the pilot phase of the programme after undergoing Entrepreneurial Development Training. The initiative was aimed at mitigating […]
Economy
Banks’ loans to customers were priced between 15.01 per cent and 30.70 per cent in the first quarter of this year, the Central Bank of Nigeria (CBN) has disclosed. The lenders however refused to pay more interest on customers’ deposits within the period, the CBN’s economic report for the quarter […]
The Bank of Industry said the total amount it disbursed to the Micro, Small and Medium Enterprises segment in the country in 2019 rose by 56.3 per cent to N53bn year-on-year from N33.9bn disbursed in 2018. The Chairman, Board of Directors, Mr Aliyu Dikko, said this during the bank’s 60th […]
Zenith Bank Plc has again emerged as the number one bank in Nigeria by tier-1 capital in 2020 Top 1000 World Banks’ Ranking published by The Banker Magazine. Climbing a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, Zenith Bank retained its […]
Chairman of Cadbury Nigeria Plc Peterside Atedo has resigned. He said he took the decision to “concentrate on other challenges” after ten years on the position. In a letter to Directors of the firm dated June 29th, Atedo said his resignation will also allow for injection of new blood into […]
