Some banks that have substantial stakes in insurance companies have commenced moves to get the approval of the Central Bank of Nigeria to hold onto their group holding licences. Last year, the CBN suspended the universal banking regime and ordered Deposit Money Banks to divest from all non-banking operations. While […]
Uncategorized
NAHCo maps out strategies to grow business
The Nigerian Aviation Handling Company Plc has mapped out strategies for growing its business in the next few months of the year. Specifically, the company, in a statement on Wednesday, said that it had put plans in place to ensure that it increased its income base by the end of […]
Nigeria to be included in JP Morgan index
Nigeria is likely to be included in JP Morgan’s Government Bond Index – Emerging Markets from October, potentially bringing up to $1bn into one of Africa’s most developed debt markets, the bank said on Wednesday. The inclusion of the continent’s top crude oil producer, which will become the second African […]
