Archives for May 10, 2021 - Page 2
Fitch affirms rating on FBN Holdings, First Bank
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its subsidiary, First Bank of Nigeria Ltd (FBN), at ‘B-’ with a Negative Outlook.…
E-payment transactions soars by 82% to N66trn 2021 Q1
Banks grow e-payment income by 51% to N53bn Accountmaintenance fees up 60% to By Babajide Komolafe & Elizabeth Adegbesan Nigeria’s financial system has recorded further surge in the value of…
N226bn real estate bad loans, source of worry to experts
Some experts have lamented the increasing non-performing loans in the real estate and construction industry. The Nigerian Bureau of Statistics in its latest report on selected banking sectors disclosed that…
Don’t take COVID-19 vaccination, Oyedepo tells Winners worshippers
Bishop Oyedepo General Overseer of the Living Faith Church International (Winners Chapel), Bishop David Oyedepo, has called on the government to come to him for a lasting solution to the…
Economic Council Urges Buhari To Remove Petrol Subsidy
the President, Major General Muhammadu Buhari (retd.), to remove subsidy on petrol and adopt a pricing regime that reflects the cost of the commodity, The PUNCH reports. Buhari had in…