Archives for MONEY MARKET
NDIC Obtains order to wind up 96 MFBs, PMBs
NDIC MD By Ngozi Onyeakusi---The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it has obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks…
Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday. By Ngozi Onyeakusi--The Aig-Imoukhuede Foundation and…
WELCOME ADDRESS BY MANAGING DIRECTOR NDIC, MR. BELLO HASSAN, AT SENSITIZATION SEMINAR FOR HONOURABLE JUDGES OF THE FEDERAL HIGH COURT, HELD ON 16TH MAY 2024 IN LAGOS
NDIC MD PROTOCOLS: The Chief Judge of Federal High Court, Honourable Justice John , OFR The Administrator of National Judicial Institute, Honourable Justice Salisu Garba Abdullahi All…
Stop electricity subsidy, IMF tells FG
IMF logo The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the…
United Nations Nigeria partners Sterling One Foundation to co-convene ASIS 2024
From right: Mohamed M. Malick Fall, UN Nigeria Resident and Humanitarian Coordinator with Olapeju Ibekwe, CEO, Sterling One Foundation, co-conveners of the Africa Social Impact Summit 2024 during partnership conversations…
Analysts Place ‘Buy’ On Fidelity Bank
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi---Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns for investors. Independent…
IMF Lauds CBN’s Bank Recapitalisation Policy, Projects 24% Inflation by Year-end
IMF logo The International Monetary Fund (IMF) has commended the move by the Central Bank of Nigeria (CBN) to increase the minimum capital for banks in the country even as…
Transport Taxes: FG, States Losing Billions To Non-State Actors – Experts Lament
Tax By Ngozi Onyeakusi---Federal and state governments have been tasked to find lasting solutions to the persistent fleecing of the state in transport tax collection by non-state actors and touts…
ZENITH BANK DECLARES N125.59BN TOTAL DIVIDEND
BY NGOZI ONYEAKUSI---Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed…
Access Holdings Vests 23.8 million Units of Shares on Senior Executives
By Ngozi Onyeakusi---In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced…