By Monday Ajogun Gov. Monday Okpebholo of Edo has said that the new Irrua Branch of Premium Trust Bank, a micro finance institution, will foster economic growth and create job opportunities for Esan youths. Okpebholo said this at the inauguration of the bank in Irrua, Esan Central LocalContinue Reading
By Adeola Akinbobola The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advocated the establishment of an oil and gas bank or petroleum energy bank. The National Publicity Secretary of IPMAN, Mr Chinedu Ukadike, made the call in an interview with the News Agency of Nigeria (NAN) on TuesdayContinue Reading
By Naomi Sharang The World Bank has reaffirmed its strong support for Nigeria’s reform agenda, highlighting steady progress toward economic recovery and the importance of parliamentary oversight in development projects. The Bank’s Country Director for Nigeria, Matthew Verghis, made the statement on Wednesday during a meeting with theContinue Reading
By Felicia Imohimi The Federal Government has urged financial institutions to develop tailored products that help farmers adopt low-emission, climate-smart practices to ensure cleaner air, healthier communities, resilient food systems and a more climate-secure Nigeria. Dr Marcus Ogunbiyi, Permanent Secretary, Federal Ministry of Agriculture and Food Security (FMAFS), made theContinue Reading
By Bushrah Yusuf-Badmus At exactly 8 a.m. in Ilorin’s bustling Yoruba Road market, Madam Feyisara Solade faced a dilemma that captures the crisis at the heart of Nigeria’s cashless drive. A loyal customer, Bilikis Ibrahim, wanted to pay N50,000 by transfer for goods. But for Solade, every digital payment eatsContinue Reading
SMS By Ginika Okoye Some bank customers, especially those of Guaranty Trust Holding Company (GTCO) say they will opt for electronic mail alert from their banks to cut costs and reduce charges on their accounts. Some of the customers who spoke to the News Agency of Nigeria (NAN) in AbujaContinue Reading
By Emmanuel Oloniruha An Economist, Dr Augustine Kutu, has advised the Federal Government, Central Bank of Nigeria (CBN), and policymakers to address concerns of Nigerians on the new charges on bank transactions. Kutu, an Assistant Professor, University of Western Ontario-Canada, gave the advice in an interview with the News AgencyContinue Reading
