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Jaiz Bank Bolsters Performance as Profit Spikes 193% to ₦2.4Bn. Jaiz bank Plc, a premier non-interest banking financial service operator has revved up its performance, and raised the bottom line.

Sterling Bank ‘Doubble’ Offers Investors 100% Returns – Official. Sterling Bank Plc says it’s offering a safe option for investments in its Doubble.Ng product to discerning investors seeking double-digit investment income.

Profit Taking Plunged Domestic Equities Market by ₦50 Billion. The Nigerian Stock Exchange (NSE) market indicators succumbed to profit taking on Thursday, dropping by 0.38 per cent.

Ex-Diamond Bank CEO Launches Digital Banking Startup. Following his exit from the commercial banking space, the former Chief Executive Officer at the defunct Diamond Bank Plc, Uzoma Dozie has launched Sparkle – a digital banking startup.

WHO to Resume Trial of Hydroxychloroquine on COVID-19. The World Health Organisation (WHO) says it will resume its trial of Hydroxychloroquine for the treatment of coronavirus (COVID-19) patients.

Goldman Sachs Establishes Fund for Racial Equity. Goldman Sachs today announced it has created the Goldman Sachs Fund for Racial Equity. It said the fund objective is to support the vital work of leading organizations addressing racial injustice, structural inequity and economic disparity.

Nigerian Banks Will Not Remain Resilient in Performance – FSDH. FSDH Merchant Bank has stated that it expects aftermath of COVID-19 economic slowdown to weigh on Nigerian Banks.

AIICO Insurance: Analysts Estimates 83% Surge in Stock Price. Analysts at Meristem Securities Limited have advised investors to buy AIICO Insurance Plc stock to reap more than 83% upside. AIICO current capital position of ₦19.24 billion places the insurer comfortably above the regulator’s ₦18.00 billion recapitalization threshold required of composite businesses.

NAICOM extends full recapitalisation of insurance companies to 2021 National Insurance Commission (NAICOM) has directed insurance and re-insurance companies to…