First Bank in merger talks with local, foreign banks
| First Bank Plc may have opened merger talks with some other Nigerian and foreign banks ahead of the banking industry recapitalisation plan of the Central Bank of Nigeria…read more Oil crash: Nigeria may lose $8.63bn in six months Recession looms, say LCCI, PENGASSAN, NUPENG, Operators canvass deregulation, economic policy review…read more Insurers’ assets to grow by 26.5% A report by Agusto&Co, a Pan African Credit Rating Agency and provider of industry research has anticipated a 26.5 percent growth for the Nigerian insurance sector this year…read more Aviation industry contributed 0.14% to GDP in 2019 – NBS Despite challenges in the industry, air transport’s contribution to the country’s Gross Domestic Product marginally increased from 0.12 percent to 0.14 percent between 2018 and 2019…read more Stock market finished week negative with 13.49% loss Last week was gloomy for the stock market as coronavirus panic and lower oil price jittery-selling pushed the market to its worst weekly loss…read more Dealing members restate commitment to Lagos commodity exchange Stockbrokers have reaffirmed their support for the Lagos Commodities and Futures Exchange as a major platform that will raise the bar for the Nigerian financial system…read more Insurer’s task governments on gender equality to achieve 1.25% economic growth Considering the prevalent gender inequality in Nigeria, shareholders in the nation’s insurance industry have enjoined the government at all levels to close the gender gap in major aspects of society…read more ARIAN to increase insurance uptake with new executives The Association of Registered Insurance Agents of Nigeria (ARIAN) has reiterated plans to increase insurance penetration by targeting 10,000 memberships across Nigeria…read more Stockbrokers allay investors’ fears on coronavirus As investors continue to keep a close eye on the ongoing volatility at the Nigerian Stock Exchange (NSE), following the global effects of coronavirus, Association of Securities Dealing Houses of Nigeria (ASHON), has assured the investing public that the market would soon bounce back…read more Airtel Crashes Data Tariff, Incentivises Customers Airtel Nigeria is offering discounts on its monthly and weekly data bundle plans…read more Heritage Bank, GEZAWA Seek to Boost Agric Sector Heritage Bank which has been adjudged the lead settlement bank for Gezawa Commodity Market (GCMX), has collaborated with key stakeholders to revolutionise the agricultural value-chain…read more ‘How Receivables Finance Can Close SME Gaps’ Receivables finance is an important tool that can help to close the $90 billion funding gap. Dr. Patrick Njoroge…read more |
