Financial Inclusion: TAJBank Opens 3 New Branches, NANTS Lauds Drive TAJBank, Nigeria’s leading non-interest bank, has opened three new branches in Abuja in furtherance of its sustained drives to deepen financial inclusion and offer stress-free innovative financial services to its growing customers nationwide. Speaking during the...

Air Transport’s Contribution To GDP Drops By 11.8% - NBS       Air transport’s contribution to Gross Domestic Product for the first quarter of 2021 sunk by 11.78 per cent. A quarterly report published by the National Bureau of Statistics on Sunday showed that air transport under services...

Credit To Private Sector Rises To N31.822trn       Banking sector credit to the private sector increased year-on-year by N382 billion to N31.823 trillion as of April, up from the N31.440 trillion it was as at the end of March. The data were compiled from the latest Central...

FG Releases N5bn Aviation Bailout, Bars 22-year Aircraft From Nigeria       The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on Monday told the House of Representatives that the Federal Government had released N5bn out of the N26bn approved as COVID-19 intervention fund for the aviation...

Our Assets Rose To N1.86trn In 2020 - BoI       The Bank of Industry, has disclosed that despite the adverse impacts of the COVID-19 pandemic and the fall of crude oil prices, its 2020 performance showed strength and resilience. According to the bank’s chairman, Mr Aliyu Dikko,...

Banks’ USSD debts to telecom firms hit N47 billion The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service Data (USSD) have risen from N42 billion to N47billion. USSD is a Global System for Mobile Communications (GSM) protocol...