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CBN Resumes Dollar Sales For SMEs, School Fees
Amid Fears of
Depreciation of the Naira
The
Central Bank of Nigeria (CBN) says it has resumed dollar sales to small and
medium enterprises (SME) as well as...
Union Bank Posts N6.2bn Pre-Tax Profit In Q1
E-business Fees Rise 71% to ₦2.1bn
Driven by robust cost-efficiency
measures, the Union Bank has announced its Group’s unaudited financial
statements for the quarter ended March 31...
IATF2020 Postponed due to COVID-19
In light of the COVID-19 pandemic, the African Export-Import Bank (Afreximbank), the African Union (AU) and the Government of Rwanda have decided to postpone...
FMDQ Exchange Admits United Capital, Sterling Bank Commercial Paper Notes to its Platform
FMDQ Exchange Limited has announced the approval and admission of
the United Capital PLC ₦1.35bn Series 1 and ₦3.97bn Series 2 Commercial Papers
(CP).
The CP...
Financial Expert Outlines Survival Measures for Banks After COVID-19
Considering
that banks will face extremely challenging times after the raging Coronavirus
pandemic, the managing director of Maxifund Securities Limited, Okechukwu Unegbu,
has outlined what he called...
