The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of 46 microfinance banks whose operating licences were revoked by the C
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By Blaise Udunze. Nigeria’s banking sector has just undergone one of its most ambitious recapitalisation exercises in two decades, all thanks to th
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BusinessEconomyNews
Capital Raise: GTCO Offers 9 Billion Shares at ₦44.50 Each, Envisions One Billion Dollar Profit
By Barnabas Esiet. Guaranty Trust Holding Company (GTCO), one of Nigeria's largest lenders, is raising ₦400 billion in capital through a public off
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BusinessEconomyNews
SMEs Growth: Industrialist Calls On Banks To Lend More To Nigerian Entrepreneurs
The Managing Director of Bullion Go-Neat Global Ltd (BGGL), Olufemi Ajadi has asked Nigerian banks to create more lending facilities in support of Nig
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