June 10, 2021/Proshare AELEX On 9th December 2020, the Central Bank of Nigeria (CBN) the Central Bank of Nigeria (CBN) issued a circular on “New License Categorisations for the Nigerian Payments System” (NPS Circular). The NPS Circular set out the different licences, their permissible activities, and the share capital […]
Money Market
Adesola Adeduntan of FirstBank Wins Global Banking and Finance’s Retail Banking CEO Award
June 8, 2021/FirstBank of Nigeria While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remains a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time to time. Even though anyone or organisation committed […]
UBA, DEG Sign $50m Term Loan to Support Small Businesses in Nigeria
June 8, 2021/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD […]
