Archives for May 23, 2018
CBN Gives Reasons for retaining MPR at 14 per cent
The Monetary Policy Committee of the the Central Bank of Nigeria (CBN) at its second meeting for the year retained the Monetary Policy Rate (MPR)…
CBN Communique of MPC Meeting of Monday 21st and Tuesday 22nd May 2018
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 118 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 21ST AND TUESDAY 22ND MAY, 2018 Background The Monetary Policy Committee (MPC) met on the…
UBA to reward loyal customers in ‘Refer-a-Friend’ campaign
Pan-African Financial Services Institution, United Bank for Africa (UBA) Plc will be rewarding its loyal customers who refer friends and family to the bank in its…
FBNQuest Merchant Bank receives accolades for impactful deals
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has received accolades from global financial and capital market awarding institutions in recognition of the impact…
FCMB depositors lose over N600m to fraudulent staff
The Divisional Police Office, Lion Building, Campbell Street at the Lagos Island has declared eight persons, who were of the banking profession, wanted over charges bordering on fraudulent theft…
Nigeria Records $83bn Investment Commitment In 15 Months — Enelamah
Nigeria recorded a total investment commitment of 83 billion dollars between January 2017 and March, Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, said.…
NAICOM Approves Durus Appointment As Old Mutual General Insurance new Technical Director
The National Insurance Commission has certified the appointment of Mr. Japhet Duru as the Executive Director, Technical, Old Mutual General Insurance Company Nigeria. NAICOM said Duru…
$16 Billion Power Project: Obasanjo Replies Buhari, Says President Ignorant
Former President Olusegun Obasanjo, has described President Muhammadu Buhari as ignorant and uninformed over allegations of alleged mismanagement of $16 billion on power project. President Buhari had…
Two Priests, 17 parishioners buried in Benue, Catholics protest nationwide
The two Catholic priests and 17 parishioners slain by suspected herdsmen on April 24 in Benue State were buried on Tuesday amid nationwide peaceful protest by the Catholic faithful. The…