Finance Archives — Page 5 of 21

August 15, 2019 No Responses

Access Bank Unveils Smartphone Device Financing Scheme

Access Bank continues to lead the way in innovative economic digital finance solutions, providing more Nigerians with access to credit as it unveils the Device Finance scheme, a scheme designed to provide salaried customers with the opportunity to purchase smartphones...

August 13, 2019 No Responses

KPMG Under Pressure, Removes Head Of Financial Services Unit

Following a probe into alleged misconduct, KPMG, one of the biggest consultancies in the United Kingdom has ousted the head of its financial services consulting division. A spokesperson for KPMG confirmed to the BBC that Tim Howarth had left the...

June 24, 2019 No Responses

Ecobank Partners NIRSAL, Unveils N70b Agric Financing Scheme

Ecobank Nigeria has entered into a strategic partnership with the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing. The...

June 6, 2019 No Responses

Emerging Market Regulators Issue Recommendations On Sustainable Finance

Securities regulators from growth and emerging markets on Wednesday published a report that sets forth recommendations related to the development of sustainable finance in emerging markets and the role of securities regulators in this area. IOSCO´...

May 16, 2019 No Responses

MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Communications Plc has secured the requisite regulatory approval to list its shares on the floor of Nigerian Stock Exchange (NSE) Thursday, May 16th, 2019. The company is also expected to present its Facts Behind the figure on the...

April 24, 2019 No Responses

SEC Nigeria, Pencom Collaborate On Financial Literacy

The Securities and Exchange Commission (SEC) and the National Pensions Commission (Pencom) have agreed to work together to ensure more Nigerians are brought into the financial literacy net. The resolution was reached at a meeting between the Technical Co...

April 15, 2019 No Responses

Financial Literacy: SEC Nigeria Seeks More Collaboration Among Regulators

The Securities and Exchange Commission (SEC) has expressed its readiness to strengthen its collaboration with other regulators in the financial industry in Nigeria, in its financial literacy campaign. This the Commission said, is in a bid to ensure that ...

April 13, 2019 No Responses

CBN Boosts Anchor Borrowers Programme With N174. 48B

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015. The Director, Corporate Communications Department of the bank, Mr Isaac Okoroafor st...

March 25, 2019 No Responses

Emefiele And Financial Inclusion In Nigeria

Andrew Idakwo -- In developing countries, there is a consistent challenge of ensuring that more and more persons, especially those in the rural areas and the poor, have access to financial services. Therefore, the term ‘financial inclusion’ is a const...

February 7, 2019 No Responses

Financial Inclusion: First Bank, Azuri Technologies Explain Partnership

First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, on Wednesday announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions o...

February 4, 2019 No Responses

Emerging Market Regulators Consult On Sustainable Finance In Capital Markets

Securities regulators from growth and emerging markets are seeking public feedback on proposed recommendations related to the development of sustainable finance in capital markets and the role of securities regulators in this area. Already, IOSCO´s Grow...

February 2, 2019 No Responses

Financial Inclusion: FirstBank Partners Nigerian Army

The Nigeria Army in conjunction with First Bank of Nigeria Limited recently launched “Agent Banking Scheme” for army personnel at the 20 Battalion Serti in Taraba. The Chief of Army Staff, Lt. Gen. Tukur Buratai explained that the aim of...

January 27, 2019 No Responses

MSC Secures $439m To Finance 86 Scrubbers

Container shipping giant Mediterranean Shipping Company (MSC) has secured a USD 439 million financing to fit 86 exhaust gas cleaning system (EGCS) to its fleet. According to the law company Watson Farley & Williams (WFW), BNP Paribas (BNPP) was the co...

December 9, 2018 No Responses

National Microfinance Bank Takes off Next Month With N5b Capital Base

Barring last minute adjustment, National Microfinance Bank will begin operations in January 2019 as part of measure to ensure more credits flow to the grassroots. According to the Governor, Central Bank of Nigeria (CBN), Godwin Emefiel...