SHAREHOLDERS of Fidelity Bank Plc have frowned at the high penalty fee imposed on banks for committing various offences by the Central Bank of Nigeria, CBN, even as they approved the bank’s proposed N4.1 billion dividend for the financial year 2017.
Stanbic IBTC Holdings PLC has introduced an instant online account opening service, in line with its goal of helping to digitize banking in Nigeria.
The post Stanbic IBTC introduces online account opening service appeared first on Vanguard News.
FBN Merchant Bank Limited, a subsidiary of FBN Holdings Plc, said it its profit before tax (PBT) rose by 29 per cent to ¦ 4.92 billion in the financial year ending December 31, 2016 from N3.83 billion in the previous year.
Sadly, CBN and our Economic Management Teams have never been able to construct the appropriate foundation which supports low cost of funds (3-6%), low inflation rate (1-3%) and a liberalised forex market to drive the elusive quest for economic diversification
We really must get back to the era of National Development Plan, we did that in the early 60s and 70s, we must get back to the era of treating national plans as national plans
The post We must get back to the era of National Development Plan — Presidency Economic Adviser appeared first on Vanguard News.
TONY Elumelu Foundation (TEF) has announced the names of 1,000 entrepreneurs selected across 37 countries in Africa for the 2017 edition of the Tony Elumelu Entrepreneurship Programme (TEEP), the third in the 10-year $100 million programme.
The post Elumelu Foundation picks 1000 entrepreneurs for TEEP 2017 appeared first on Vanguard News.
THE Nigerian Insurers Association (NIA) has called on its members to be prepare for the anticipated Risk-Based Supervision (RBS) regime.
The post Insurers should brace up for risk based supervision — NIA appeared first on Vanguard News.
The Managing Director of FBN General Insurance Limited, Mr Olabode Opadokun says he will leverage the enormous economic opportunities to widen insurance.
The post Operators should pay attention to retail insurance – Opadokun appeared first on Vanguard News.