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Ellah Lakes secures shareholders' approval

Ellah Lakes shareholders fund leaps from N497.8 million to N4.5 billion 

Joseph Olaoluwa -
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CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected

External reserves to fall below $30 billion, more forex restrictions expected

Chike Olisah -
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Analysts have predicted the foreign reserves to fall below $30 billion if some measures are not taken. 
Keystone Bank gets new acting CEO, Why Social Media reacted to Keystone Bank’s N1 billion Coronavirus donation

Why Social Media reacted to Keystone Bank’s N1 billion Coronavirus donation

Emmanuel Abara Benson -
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Mixed social media reactions trailed the news about Keystone Bank’s donation of the sum of N1 billion towards facilitating Nigeria’s fight against COVID-19.
Coronavirus: Nigerian Banks starts advising customers against visiting banking hall for transactions, Ecobank Group records 32% growth in profit before tax of NGN146.5 billion for 2019, COVID-19: Ecobank commits about N100 million to national radio campaign “StaySafeNigeria”

COVID-19: Ecobank commits about N100 million to national radio campaign “StaySafeNigeria”

NM Partners -
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Ecobank Nigeria says it is committing about N100 million to drive its National Radio Campaign “StaySafeNigeria”, being part of its corporate actions to support measures to check the rising spread of Coronavirus.
Bail-Out Fund, Slowdown in Agric GDP Growth rate suggests Buhari’s Agro-policy is failing , FG concludes 2020 budget preparation, designs 11 Economic Priority Areas , repayment moratorium

COVID-19: FG grants 3 months moratorium for repayment of all govt funded loans

Ruth Okwumbu -
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As part of its efforts to cushion the economic effects of the Coronavirus pandemic, the Federal government has granted a three month repayment moratorium for all government funded loans.
COVID-19: UBA Presents N1billion to Lagos State.

COVID-19: UBA Presents N1billion to Lagos State.

NM Partners -
0
UBA has presented the sum of N1 billion to the Lagos State as part of the bank’s commitment to help curb the effect of the Coronavirus (COVID-19).
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