22/2/2018/Bloomberg By Emele Onu and Tope Alake CEO Adeduntan targeting improved revenue and profit this year Non-performing loans seen continuing ‘trend downward’ Nigeria’s biggest bank by revenue expects lending to accelerate and bad debts to drop this year as growth in Africa’s biggest economy picks up. “The current macro environment […]
Money Market
Access Bank Wins Euromoney’s Best Commercial Banking Capabilities Award
February 22, 2018/Access Bank Plc Access Bank Plc has emerged winner of the best ‘Commercial Banking Capabilities’ award by Euromoney, a leading global financial publication. The prestigious award was presented to Herbert Wigwe, the Bank’s Group Managing Director/CEO at the Euromoney Private Banking Awards 2018, which held at the Landmark […]
CBN Amends Commercial Agriculture Credit Scheme Offers 9% Interest Rate
February 22, 2018/CBN As part of the efforts by the Central Bank of Nigeria to deepen access to finance and reduce exclusion rate, the CBN has revised the existing Commercial Agriculture Credit Scheme (CACS) Guidelines to include Non Interest Financial Institutions (NIFIs). It is expected that the review of the […]
