March 16, 2017/Punch Okechukwu Nnodim, Abuja President Muhammadu Buhari has approved the payment of the outstanding N22bn that is meant for dealers of agricultural inputs, popularly known as agro-dealers, in order to ensure the seamless distribution of fertilisers at an approved rate of N5,500 for 50kg. Earlier this year, the […]
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Africa’s Ecobank targets strong customer growth from mobile banking
March 15, 2017/Reuters By Chijioke Ohuocha LAGOS (Reuters) – Africa’s Ecobank expects its new digital banking platform to help to boost its customer base across the continent to 100 million from 13 million by 2020, it said after announcing that it had signed up 1.5 million personal accounts through the […]
GT Bank to reduce loan growth to focus on bond investment
March 15, 2017/Reuters By Chijioke Ohuocha LAGOS (Reuters) – Nigeria’s Guaranty Trust Bank (GT Bank) plans to reduce loan growth this year to focus on the increased profit to be had from maintaining domestic bond investment levels, its chief executive said on Wednesday. Nigeria’s government aims to fund half of […]
