May 3, 2020/CBN The Central Bank of Nigeria in consideration of the impact of the Corona Virus (COVID-19) pandemic on economic activities has revised the deadlines for compliance with the minimum capital requirements for Microfinance Banks (MFBs) in Nigeria communicated vide its circular dated March 7, 2019 referenced FPRD/DIR/GEN/CIR/07/024. Consequently, […]

May 3, 2020/Mediacraft … Confirms That 43% Of Its Workforce Are Females Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has reaffirmed its exemplary role in promoting the tenets of gender balance in the country. The leading end-to-end financial solutions provider has emerged top of the list of […]

May 1, 2020/Fitch Ratings Fitch Ratings has revised Guaranty Trust Bank Plc’s (GTB) and Zenith Bank Plc’s National Long-Term Ratings to ‘AA(nga)’ and ‘AA-(nga)’, respectively. We have also revised their National Short-Term Ratings to ‘F1+(nga)’ from ‘F1(nga)’. The rating actions follow the recalibration of the Nigerian National Ratings Scale following […]