Business

FirstBank upgrades internet banking platform to promote e-Banking efficiency

FIRST Bank of Nigeria Limited has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the electronic banking experience of customers vis-à-vis payment efficiency, versatility and productivity in their business transaction. The user friendly and secure internet banking tool, which can be carried out on one’s computer or mobile devices is […]

Business

Banks’ return to global bond market’ll boost foreign currency liquidity —Fitch

Elizabeth Adegbesan Global rating agency, Fitch, yesterday, declared that the return of Nigerian banks to the international bond market will reduce the country’s foreign currency (FC) liquidity risk. Fitch in its latest rating, yesterday, said: “The return of Nigerian banks to the international bond markets marks a small step towards reducing maturity mismatches between foreign-currency […]

Business

Backward integration policy saves Nigeria N240bn yearly —Lafarge

The backward integration policy of the Federal Government in the cement industry saves Nigeria N240 billion yearly, Lafarge Africa Plc has disclosed. Procurement Director, Lafarge Africa, Mr. Lolu Alade-Akinyemi, made the disclosure, in Abuja, during the 23rd Nigeria Economic Summit themed ‘Opportunities, Productivity and Employment’. He explained that since the inception of the backward integration […]