February 15, 2018/Fitch Ratings Nigerian banks’ move to a more market-based presentation of foreign-currency (FC) assets, liabilities and profit-and-loss items is likely to come into focus when they publish their 2017 results in the coming weeks, Fitch Ratings says. Financial statements with FC items translated more in line with market […]
Money Market
FirstBank processes over N1 Trillion on its 894 Quick Banking Channel
February 14, 2018/FirstBank First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet. The 894 banking scheme, which is the fastest […]
Group Says Offer of Grant by IDB to SMEs a Hoax
February 14, 2018/Celestine Okeke It has come to the attention of our organization that several non-governmental and religious organizations have been peddling stories about the existence of a grant for small businesses from an international Development Finance Bank, this story, sadly, isn’t true. It is disheartening to note that a […]
