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Finance & Investment

Sekibo calls for prioritization of SMEs, youth entrepreneurship by govt., stakeholders

MANAGING Director and Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has explained that for sustainable solutions to economic recovery government and stakeholders need to create opportunities and consciously include Small and Medium Enterprises and youth entrepreneurship. Sekibo made this submission on the sidelines of the 14th Annual Banking and Finance Conference of the Chartered Institute of Bankers of …

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USAID, UBA sign MoU to advance Prosper Africa’s two-way trade; investment goals

UNITED States Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. This partnership ensures businesses are equipped with the technical and financial tools they need to enter into new trading and investment relationships in Africa …

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Heritage Bank enables 2000 female entrepreneurs

NO fewer than 2000 female entrepreneurs have benefitted from Heritage Bank’s financial inclusivity initiatives, as the institution has moved them towards self-reliance by engaging them in some Micro, Small and Medium Enterprises (MSMEs) This move is in line with the people-oriented policies of the Central Bank of Nigeria (CBN), Heritage Bank Plc is partnering with a Non-Governmental Organization, Prime Women …

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FG to banks, huge financial safety nets increases risks, vulnerabilities

FEDERAL Government has urged banks to re-strategize on their risk management methods in the sector as the use of huge intervention funds may not be sustainable in the financial system and would increase their weaknesses. Vice President, Yemi Osinbajo, who spoke at the Nigeria Deposit Insurance Corporation’s 30th anniversary lecture/book launch, on Monday in Abuja bemoaned the huge funds used …

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Credit Access: Heritage Bank MD says Nigeria needs credible identity management

MANAGING Director/ Chief Executive of Heritage Bank, Mr Ifie Sekibo, that while the Bank Verification Number (BVN) has been able to create a form of identification in the country, government still needs to work towards creating a credible and strong identity management towards expanding access to credit. Sekibo made this known at the 2019 Annual Conference of Finance Correspondents Association …

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