Archives for MONEY MARKET
Cash rush: ATM withdrawals jump 198% to N36tn
Nigerians continued to lean heavily on cash withdrawals despite higher automated teller machine charges introduced by the Central Bank of Nigeria, as the value of ATM transactions jumped to in…
Debt Recovery: New Telegraph Awards Ceremony To Honour AMCON For Stellar Performance
Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr Gbenga Alade (right), receiving a letter confirming the ‘Special Recognition (Stellar Performance in Asset Recovery) Award’ nomination of AMCON…
Fidelity Bank Champions Tree Planting Initiative at Elegushi Beach
In line with its commitment to environmental preservation and sustainable development, leading financial institution, Fidelity Bank Plc, has partnered with Greenfingers Wildlife Initiative, to plant trees at Elegushi Beach, Lekki,…
Nigeria to record fastest growth in 2026 — World Bank
BY NGOZI ONYEAKUSI The World Bank has disclosed that Nigeria’s economy is set to record its fastest growth in more than a decade, upgrading its forecast for the country’s…
Why Nigeria’s New Tax Regime Will Fail Without Public Trust
BLAISE UDUNZE Millions of Nigerian citizens are watching with cautious anticipation as the federal government begins implementing its far-reaching 2026 tax reforms. This is to say that the official assurances…
Sterling Bank, One Foundation Others Strengthen Climate Action With Nationwide Cleanup, Beach Adoption
BY NGOZI ONYEAKUSI L-R: Jacqueline Ekpang, Zonal Head, Retail Sterling Bank Abuja; Tunde Akande, Business Executive, Institutional Banking, Sterling Bank Abuja; Omenta Rachael Chineye, Head of Community Sanitation and Education,…
Fidelity Bank Supports Quality Education Delivery in Makoko
BY NGOZI ONYEAKUSI L–R: Head Teacher/School Manager, Aiyetoro African Church Primary School, Okoro Chineye Patricia; School Manager, Adekunle Anglican Nursery & Primary School, Tinubu Abimbola; Head, Legal Services Division, Fidelity…
Heritage Bank: NDIC Declares ₦24.3bn Second Liquidation Dividend
BY NGOZI ONYEAKUSI Nigeria Deposit Insurance Corporation (NDIC) has declared a first liquidation dividend of ₦ billion in April 2025, at a rate of kobo per ₦ NDIC in statement …
Nigeria adds 4.3m new BVNs in 2025
Nigeria recorded a boost in its banking identity system in 2025 as million new Bank Verification Numbers (BVNs) were registered across the country. A BVN is a unique biometric identification…
Fidelity Bank Extends Support to Oluyole Cheshire Home in Ibadan
BY NGOZI ONYEAKUSI In the spirit of the festive season, leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to inclusive community support through a charitable outreach to Oluyole…
