Money Market

Jaiz Bank, Islamic Development Bank Sign $20m SMEs Financing Deal

Culled—Proshare April 3, 2018/ NBCC / The Nation  Jaiz Bank Plc and Islamic Corporation for the Development of Private Sector (ICD), the development arm of Islamic Development Bank (IDB), yesterday signed a $20 million line of agreement to finance Small and Medium Sized Enterprises (SMEs) in Nigeria. The financing deal […]

Four banks earned N49bn from maintenance charges in 2017

2/4/2018/Punch Oyetunji Abioye four commercial banks operating in the country generated about N49bn from maintaining customers’ accounts in 2017, the annual reports of the banks showed. This an increase of N16.4bn over the total amount (N32.6bn) the four banks made from maintenance charges paid by their customers through savings, current […]

Crownrise Finance Floats N1.0 Billion Bond April 15, 2018

Babatunde Rufai-Lariba , Managing Director/Chief Executive Officer (CEO) of Corwnrise Finance Plc speaking at a stakeholders’ luncheon and introduction of the Company’s N1 billion investment note in Lagos. By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Crownrise Finance Plc, one of the first Finance Houses licensed in 1992 by the Central Bank […]