Money Market

Ecobank Opens Up Agric Financing Scheme; Sets To Host Nigeria’s Biggest Agric-Business And Food Summit

January 9, 2020/Ecobank Nigeria Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 Billion for practitioners in different value chains of Agriculture within the next two years. This announcement is coming just as the bank is set to organise Nigeria’s Biggest […]

CBN Retains Minimum 65% Loan Deposit Ratio in the Interim

January 9, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday announced it has retained the minimum 65 percent of Loan Deposit Ratio (LDR) in the interim, according to a circular signed by Ahmad Abdullahi, its director of Banking Supervision. Accoirding to the CBN, it had […]

KPMG SME Report: FirstBank Named Biggest Mover in 2019

January 8, 2020 Written by Collins Nweze Capital is crucial in driving sustainable Small and Medium Enterprises’(SMEs’) growth and uplifting the economy. First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives. The bank says its support for […]