The proposed merger between Flour Mills of Nigeria Plc (FMN) and Honeywell Flour Mills (HFMP) rekindled investors’ interest in both companies’ stock prices on the Nigerian Exchange Limited (NGX) last week.

Specifically,"...

With only four months into the Central Bank of Nigeria’s (CBN) suspension of sales of dollars and other foreign currencies to the Bureau De Change operators (BDCs) and channeled same through Deposit Money Banks (DMBs) for sales to the end users, the targeted objectives are incrementally"...

Nigeria’s retail lender, Unity Bank Plc has launched the Yanga Account, a new retail product designed to deepen beneficial impact on Micro Small and Medium Enterprises, MSMEs operated by women in the mass-market retail space.

The"...

Jaiz Charity and Development Foundation (JCDF) has disbursed interest-free loans to 54 residents of the Federal Capital Territory (FCT) under its micro-finance loans scheme.

The MD/CEO of JCDF, Dr Imam Abdullahi"...

In compliance with the Central Bank of Nigeria (CBN) foreign exchange policy, Zenith Bank Plc, Sterling Bank Plc, and eight other banks have published a total of 1,042 foreign exchange defaulters in the last three months when it enforced.

Investigation"...

Abidjan - The Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Abidjan approved a €120 million loan to Morocco to implement the country's Financial Inclusion, Entrepreneurship, and Very Small and Medium Enterprises (SMEs) Support Program.

The"...

Rabat - Morocco has received a new loan of MAD 1.18 billion (€114.03 million) from the African Development Bank (AfDB), with both parties commenting that the loan will be used to improve the small-scale agriculture sector in rural or remote areas.

Morocco"...

Rabat - According to Morocco’s central bank, Bank Al-Maghrib, bank deposits in Morocco saw an annual increase of 7.3% in September 2021, progressing at a much faster rate than the 4.8% recorded in September 2020.

The"...

The Maize Association of Nigeria (MAAN) has commended the Central Bank of Nigeria (CBN) under the leadership of Mr. Godwin Emefiele, for assisting its members with soft loans through the Anchor Borrowers’ Programme (ABP) to purchase both combine and mini- harvesters to boost maize"...