The Central Bank of Nigeria has granted provisional approval for new licences to 121 out of the 224 microfinance Banks, MFBs, whose licences were recently revoked, subject to the fulfillment of some specific requirements within three (3) months. Those granted these provisional approvals are those that had made fresh injection […]

By Victor Ogiemwonyi   Two recent proposals are being discussed at the Nigerian Stock Exchange (NSE) with brokers and regulators that have far reaching implications for the market that will also have a revolutionary effect on investor confidence and trading at the Exchange.   The first; is the proposal to […]

By Agency Reporter Friday, 22 Oct 2010 THE Chairman, Guaranty Trust Bank Plc, Mr. Oluwole Oduyemi, has said that the bank has received a debt facility proposal of $200 (N30bn) from the International Finance Corporation. Oduyemi made this known on Thursday at the bank’s Extraordinary General Meeting in Lagos. He said, […]