Archives for MONEY MARKET
Access Bank Hosts President Steinmeier, Commits to Strengthening German-Nigerian Trade Relations
BY NGOZI ONYEAKUSI Access Bank Plc last week welcomed the President of the Federal Republic of Germany, Frank-Walter Steinmeier, during his first official visit to Nigeria, underscoring the growing importance…
Polaris Bank Bags SERAS Award, Africa’s prestigious Sustainability/CSR recognition
BY NGOZI ONYEAKUSI Polaris Bank over the weekend, added yet another feather to its cap by winning Sustainability, Enterprise, and Responsibility Awards (SERAS), Africa’s most renowned and prestigious Sustainability/Corporate Social…
Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims
BY NGOZI ONYEAKUSI The Committee of Banks in Nigeria on Thursday lifted the victims of the recent flooding in some parts of Jigawa State with a solidarity visit to Dutse,…
Food inflation hits 40% despite FG $3.3bn agric loan
Despite securing multilateral loans amounting to $ () and attracting over $ investments to boost food production, the cost of essential staple food items skyrocketed by per cent under the…
Photo: NDIC Pays Working Visit To Minister of State Finance Dr. Uzoka-Anite
The Management of the NDIC led by the MD/CE NDIC, Mr. Bello Hassan (3rd from left) on a working visit to the Honourable Minister of State Finance, Dr. Doris Uzoka-Anite…
Is There a Hidden Liquidity Crisis in the Nigerian Banking System?
By Elvis Eromosele The Nigerian banking system, once celebrated as the backbone of the nation's economy, is facing a glaring paradox. Customers walk into bank branches daily to access…
OPS fears SMEs’ collapse as cash scarcity lingers
The Organised Private Sector has joined the call on the Central Bank of Nigeria to address the cash scarcity witnessed nationwide, stressing that the country is not developed enough for…
Currency Outside Banks Hits N4.29tn, 94.2% of Currency in Circulation
The Central Bank of Nigeria (CBN) said currency outside banks in Nigeria surged to a record high of trillion in October 2024, accounting for per cent of the total currency…
African Development Bank, Project Management Institute sign partnership to strengthen capacity building
By NGOZI ONYEAKUSI In a significant move to further strengthen the internal capacity of its staff through a structured project management training and certification programme, the African Development Bank…
ACCESS BANK SIGNS AGREEMENT TO ACQUIRE 100% EQUITY STAKE IN SOUTH AFRICA-BASED BIDVEST BANK
BY NGOZI ONYEAKUSI Access Holdings Plc has announced that its banking subsidiary, Access Bank Plc, has entered into a binding agreement with South Africa-based Bidvest Group Limited for the acquisition…