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African Development Bank approves $100m loan to Indorama for expansion of fertilizer production
21-05-2018 | 08:29:00
The African Development Bank has approved $100m senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals, to support the company’s plans to double its fertilizer production from 1.4 million tons of urea to 2.8 million tons per annum.
Diamond Bank posts N1.8bn for Q1 2018 in mobile banking revenue
15-05-2018 | 14:28:05
Diamond Bank has released its Q1 2018 unaudited financial results on the floor of the Nigerian Stock Exchange, highlighting realignment in its group structure with a strong focus on the Nigerian market.
Nigerian Banks must deploy technology to adapt to regulatory changes and risk management - SAS
15-05-2018 | 10:33:00
As one of the most regulated industries in the world, banks are under pressure to not only comply with constantly changing regulations but also to modernise their systems.
Zenith Bank now Nigeria's largest bank by customer deposit
07-05-2018 | 13:12:35
Zenith Bank has overtaken First Bank as Nigeria’s largest bank by Customer Deposits, a position held by the latter for decades.
Central Bank of Nigeria limits USSD transactions to N100,000 per day
30-04-2018 | 13:44:56
Effective June 2018, bank customers will not be able to use Unstructured Supplementary Service Data (USSD) channel to conduct transactions more than N100, 000 per day.
The Africa America Institute collaborates with Covenant University for the Jim Ovia Foundation Leaders Scholarship
24-04-2018 | 15:56:23
The Africa America Institute (AAI) just signed an MoU with Covenant University, making the institution the second university partner for the Jim Ovia Foundation Leaders Scholarship (JOFLS).
Bank of Agriculture, SunTrust Bank ink agriculture financing deal
23-04-2018 | 11:39:00
Bank of Agriculture and SunTrust Bank have sealed an e-banking agreement described by the Minister of Agriculture Audu Ogbe as ‘landmark’ and instrumental to the development of agricultural sector in Nigeria.
European Investment Bank and AfDB collaborate to support private sector investment in Nigeria
19-04-2018 | 14:25:24
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
[Column] Oyinkan Adewale: Women Entrepreneurs in an Emerging Economy- Running a Bankable Business
19-04-2018 | 11:49:33
In 2017, Nigeria’s Gross Domestic Product (GDP) growth was 0.83% (compared to a decline of 1.58% in 2016). In the second quarter of 2017, the country officially emerged from a recession which had lasted about a year.
Diamond bank partners with MTN, VISA and Microsoft to unveil TECHFEST
19-04-2018 | 11:40:00
Nigeria’s technology space is set to witness experiential platform with the unveiling of TechFest by Diamond Bank Plc in partnership with MTN, Visa, Microsoft, NIBSS, Deloitte and Touche, Interswitch and Beat FM.