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	<title>Banking &#8211; Business Journal</title>
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	<description>Professional - Freedom - Enterprise</description>
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	<title>Banking &#8211; Business Journal</title>
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	<item>
		<title>Stanbic IBTC Bank Nigeria PMI: New Orders Continue to Rise Sharply in June</title>
		<link>https://www.businessjournalng.com/stanbic-ibtc-bank-nigeria-pmi-new-orders-continue-to-rise-sharply-in-june/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 02 Jul 2026 21:04:40 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25990</guid>

					<description><![CDATA[Improving demand conditions helped to support further increases in output and new orders in Nigeria&#8217;s private sector at the midway point of the year. Rising workloads and the prospect of further growth in the months ahead meant that firms took on additional staff and raised both purchasing activity and inventory holdings. Input costs and output [&#8230;]
<p><a href="https://www.businessjournalng.com/stanbic-ibtc-bank-nigeria-pmi-new-orders-continue-to-rise-sharply-in-june/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>CBN Revokes Licences of 46 Microfinance Banks Nationwide</title>
		<link>https://www.businessjournalng.com/cbn-revokes-licences-of-46-microfinance-banks-nationwide/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 02 Jul 2026 20:59:43 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25985</guid>

					<description><![CDATA[&#160; The Central Bank of Nigeria (CBN) has revoked the operating licenses of forty-six (46) Microfinance Banks with effect from July 1, 2026, in accordance with its powers under Sections 12 and 13 of the Banks and Other Financial Institutions Act (BOFIA), 2020. The revocation was approved by the Governor of the Central Bank of [&#8230;]
<p><a href="https://www.businessjournalng.com/cbn-revokes-licences-of-46-microfinance-banks-nationwide/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>NDIC Appointed Official Liquidator as CBN Revokes Licenses of 46 Microfinance Firms</title>
		<link>https://www.businessjournalng.com/ndic-appointed-official-liquidator-as-cbn-revokes-licenses-of-46-microfinance-firms/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 02 Jul 2026 20:55:27 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25982</guid>

					<description><![CDATA[Following the revocation of the operating licenses of 46 Microfinance Banks (MFBs) by the Central Bank of Nigeria (CBN), on July 1, 2026, the Nigeria Deposit Insurance Corporation (NDIC), has been appointed as the official Liquidator, pursuant to Section 12 (2) of BOFIA 2020, and Section 55 (1 &#38; 2) of the NDIC Act 2023. [&#8230;]
<p><a href="https://www.businessjournalng.com/ndic-appointed-official-liquidator-as-cbn-revokes-licenses-of-46-microfinance-firms/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>RMB Leads Indorama Fertilizer Refinancing as Lead Arranger, Co-ordinator</title>
		<link>https://www.businessjournalng.com/rmb-leads-indorama-fertilizer-refinancing-as-lead-arranger-co-ordinator/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 02 Jul 2026 20:13:49 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25973</guid>

					<description><![CDATA[Rand Merchant Bank (RMB) a division of the First Rand Group recently played a central role in providing a new medium-term debt financing in support of Indorama Fertilizer and Chemicals FZE Limited, a key client in Nigeria across the Infrastructure Sector in Nigeria. RMB acted as Co-ordinator and Lead Arranger on the USD340m refinancing which [&#8230;]
<p><a href="https://www.businessjournalng.com/rmb-leads-indorama-fertilizer-refinancing-as-lead-arranger-co-ordinator/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>Stanbic IBTC Unveils ‘You&#8217;re Built for Growth’ Campaign, Reinforces Commitment to Clients’ Growth</title>
		<link>https://www.businessjournalng.com/stanbic-ibtc-unveils-youre-built-for-growth-campaign-reinforces-commitment-to-clients-growth/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 02 Jul 2026 20:10:50 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25970</guid>

					<description><![CDATA[Stanbic IBTC, a member of Standard Bank Group, has officially launched its new thematic brand campaign, ’You&#8217;re Built for Growth’, a bold expression of the Group&#8217;s commitment to supporting individuals, businesses and communities as they pursue their ambitions and unlock new opportunities. The integrated campaign, which spans television, radio, print, social media, Out-Of-Home (OOH) and Digital [&#8230;]
<p><a href="https://www.businessjournalng.com/stanbic-ibtc-unveils-youre-built-for-growth-campaign-reinforces-commitment-to-clients-growth/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>NGX Group Chair, Umaru Kwairanga, Earns Fellowship of Capital Market Academics of Nigeria</title>
		<link>https://www.businessjournalng.com/ngx-group-chair-umaru-kwairanga-earns-fellowship-of-capital-market-academics-of-nigeria/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Tue, 30 Jun 2026 15:21:17 +0000</pubDate>
				<category><![CDATA[Capital Markets]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25966</guid>

					<description><![CDATA[ACCEPTANCE SPEECH AT THE CONFERMENT OF FELLOWSHIP OF CAPITAL MARKET ACADEMICS OF NIGERIA ON TUESDAY 30th JUNE 2026 AT THE SECURITIES AND EXCHANGE COMMISSION HEAD OFFICE ABUJA. I humbly accept this award of the Fellowship of the Capital Market Academics of Nigeria (CMAN). I share the joy of this award with my fellow Board Members, [&#8230;]
<p><a href="https://www.businessjournalng.com/ngx-group-chair-umaru-kwairanga-earns-fellowship-of-capital-market-academics-of-nigeria/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>NGX Group Congratulates Fiona Ahimie, First Female President of Chartered Institute of Stockbrokers</title>
		<link>https://www.businessjournalng.com/ngx-group-congratulates-fiona-ahimie-first-female-president-of-chartered-institute-of-stockbrokers/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Fri, 26 Jun 2026 16:39:04 +0000</pubDate>
				<category><![CDATA[Capital Markets]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25930</guid>

					<description><![CDATA[It gives me great pleasure to witness this history making event of the investiture of the first female President and Chairman in Council of the Chartered Institute of Stockbrokers, Mrs. Fiona Ahimie. This profession which I am proud to belong to is unique in many ways as anyone who has attended an event on the [&#8230;]
<p><a href="https://www.businessjournalng.com/ngx-group-congratulates-fiona-ahimie-first-female-president-of-chartered-institute-of-stockbrokers/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>OPay Partners Dolly Children Foundation on Clean Future Project to Improve Sanitation, Learning Environment in Ogun School</title>
		<link>https://www.businessjournalng.com/opay-partners-dolly-children-foundation-on-clean-future-project-to-improve-sanitation-learning-environment-in-ogun-school/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Mon, 22 Jun 2026 14:44:02 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25887</guid>

					<description><![CDATA[OPay Digital Services Limited (OPay), in partnership with Dolly Children Foundation (DCF), has commissioned the OPay Clean Future Project at Ebenezer Grammar School, Iberekodo, Abeokuta, Ogun State, reinforcing a shared commitment to environmental sustainability, quality education, and community development. The commissioning ceremony, held on Thursday, June 18, 2026, brought together representatives of the Ogun State [&#8230;]
<p><a href="https://www.businessjournalng.com/opay-partners-dolly-children-foundation-on-clean-future-project-to-improve-sanitation-learning-environment-in-ogun-school/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>RMBN Money Market Fund Receives Two-Notch Upgrade to ‘A+’ from Agusto &#038; Co.</title>
		<link>https://www.businessjournalng.com/rmbn-money-market-fund-receives-two-notch-upgrade-to-a-from-agusto-co/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Fri, 19 Jun 2026 16:37:22 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25883</guid>

					<description><![CDATA[RMB Nigeria Asset Management Limited (RMBN AM) has received a two-notch credit rating upgrade to ‘A+’ for its RMBN Money Market Fund from Agusto &#38; Co., Nigeria’s leading rating agency. The upgrade reflects the Fund’s high-quality asset base, strong liquidity profile and disciplined risk management approach, and reinforces its position as a credible money market [&#8230;]
<p><a href="https://www.businessjournalng.com/rmbn-money-market-fund-receives-two-notch-upgrade-to-a-from-agusto-co/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>Is the Era of the POS Operator Coming to an End?</title>
		<link>https://www.businessjournalng.com/is-the-era-of-the-pos-operator-coming-to-an-end/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 21:28:43 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25871</guid>

					<description><![CDATA[By Elvis Eromosele Step outside your home in Lagos, Kano, or Port Harcourt, and walk twenty meters. Under a frayed umbrella, seated on a plastic chair with a small banner, you will find a &#8220;POS operator.&#8221; These operators are the capillaries of Nigeria’s cash-dependent economy, pumping naira notes into the hands of millions. When commercial [&#8230;]
<p><a href="https://www.businessjournalng.com/is-the-era-of-the-pos-operator-coming-to-an-end/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>‘NGX Stands Ready to Teach Corp Members the Rudiments of Investment, Entrepreneurship’</title>
		<link>https://www.businessjournalng.com/ngx-stands-ready-to-teach-corp-members-the-rudiments-of-investment-entrepreneurship/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 21:15:36 +0000</pubDate>
				<category><![CDATA[Capital Markets]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25868</guid>

					<description><![CDATA[It gives me great pleasure to welcome Brigadier Olakunle Oluseyi Nafiu, Director General of the National Youth Service Corps, and his team to the trading floor of the Nigerian Exchange. I believe that most of us present here, except a few doyens, passed through the NYSC scheme. For many Nigerians, it is the first opportunity [&#8230;]
<p><a href="https://www.businessjournalng.com/ngx-stands-ready-to-teach-corp-members-the-rudiments-of-investment-entrepreneurship/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>NGX Extols Partnership with Pearl Awards</title>
		<link>https://www.businessjournalng.com/ngx-extols-partnership-with-pearl-awards/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 21:12:19 +0000</pubDate>
				<category><![CDATA[Capital Markets]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25865</guid>

					<description><![CDATA[I am delighted to participate in the 2026 edition of the Pearl Awards Corporate Summit. The 2026 Corporate Summit is another opportunity for the Pearl Awards Nigeria to elevate conversations about corporate systems, practice and governance through high level discussions on pertinent topical issues. The Nigerian Exchange Group is very happy to partner with the [&#8230;]
<p><a href="https://www.businessjournalng.com/ngx-extols-partnership-with-pearl-awards/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>Stanbic IBTC Pioneers Digital Supply Chain Financing in Nigeria through CycleFlow Partnership</title>
		<link>https://www.businessjournalng.com/stanbic-ibtc-pioneers-digital-supply-chain-financing-in-nigeria-through-cycleflow-partnership/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Wed, 17 Jun 2026 10:54:48 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25834</guid>

					<description><![CDATA[Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has reinforced its position as a leader in trade by becoming the first bank in Nigeria to partner with CycleFlow, a supply chain finance platform powered by C2FO and backed by the International Finance Corporation (IFC). The platform will connect the Bank with participating corporate buyers [&#8230;]
<p><a href="https://www.businessjournalng.com/stanbic-ibtc-pioneers-digital-supply-chain-financing-in-nigeria-through-cycleflow-partnership/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>RMB Supports Ministry of Finance Nigeria in Unlocking Regional Trade</title>
		<link>https://www.businessjournalng.com/rmb-supports-ministry-of-finance-nigeria-in-unlocking-regional-trade/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Sun, 14 Jun 2026 19:28:07 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25816</guid>

					<description><![CDATA[RMB recently played a central role in concluding a landmark infrastructure project deal that will finance critical regional transport assets from Nigeria to the landlocked Niger Republic. The bank acted as Global Co-ordinator and initial Mandated Lead Arranger for the provision of USD1.8bn to the Ministry of Finance in Nigeria for the development, construction, and [&#8230;]
<p><a href="https://www.businessjournalng.com/rmb-supports-ministry-of-finance-nigeria-in-unlocking-regional-trade/" rel="nofollow">Source</a></p>]]></description>
		
		
		
			</item>
		<item>
		<title>Obasanjo Calls for National Drive to Develop Nigeria&#8217;s Adire Industry at Ecobank Adire Lagos Experience</title>
		<link>https://www.businessjournalng.com/obasanjo-calls-for-national-drive-to-develop-nigerias-adire-industry-at-ecobank-adire-lagos-experience/</link>
		
		<dc:creator><![CDATA[Business Journal]]></dc:creator>
		<pubDate>Sun, 14 Jun 2026 13:55:32 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<guid isPermaLink="false">https://www.businessjournalng.com/?p=25813</guid>

					<description><![CDATA[Former President of Nigeria, Olusegun Obasanjo, has called for a coordinated national effort to develop and promote Nigeria&#8217;s indigenous Adire industry, describing the textile craft as a vital cultural and economic asset capable of creating jobs, preserving heritage, and boosting tourism. Speaking during a visit to the ongoing fifth edition of the Ecobank Adire Lagos [&#8230;]
<p><a href="https://www.businessjournalng.com/obasanjo-calls-for-national-drive-to-develop-nigerias-adire-industry-at-ecobank-adire-lagos-experience/" rel="nofollow">Source</a></p>]]></description>
		
		
		
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