Archives for MONEY MARKET - Page 101
CBN Describes SMEs As Engine of Economy, Reduces Unemployment
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has described the Small and Medium Enterprises SMEs as the engine of the economy even as it said it has…
AMCON vs Jimoh Ibrahim: Court Clears Air, Adjourns  case till Next Month
Irrespective of the false narrative spreading on social media, Hon. Justice A. R. Mohammed of Federal High Court Abuja Division on Monday ordered the Asset Management…
FEC approves N658m for sniffer dogs, education, others N21bn
FEC The Federal Executive Council on Wednesday approved N21,107,212,510, for various projects in the education and aviation ministries as well as a few other federal agencies. The approvals…
FIRS Set To Rake In N10.1trn By Next Year
The Federal Inland Revenue Service (FIRS) is set to rake in  revenue to the tune of trillion come 2022 financial year. Chairman of FIRS, Muhammad Nami stated this…
Access Bank Set To Protect Customers Via USSD Security AdvancementÂ
Seeking best-in-class ways to safeguard the resources of our customers, Access Bank PLC introduced the *901*911# USSD code, a solution that allows customers act swiftly to prevent fraudulent…
CBN Set to Strengthen Cybersecurity in Other Financial InstitutionsÂ
CBN Governor, Emefiele The Central Bank of Nigeria (CBN) yesterday moved to strengthen cyber resilience of Other Financial Institutions (OFIs) under its regulation in order to ensure that they…
Nigeria Inflation Drops to 17.38% In July –NBSÂ
By Ngozi Onyeakusi---Just as the Central Bank of Nigeria (CBN) predicted, inflation for the fourth time, consecutively, plunged downward to settle at per cent (year- on- year) in July,…
Naira Abuse: Offenders Risk Six Months Imprisonment — CBN
Emefiele By Ngozi Onyeakusi ---The Central bank of Nigeria has warned that that abusers of the naira at social events risk imprisonment or an imposition of fine.…
FG owes CBN N15.51tn, borrows N14.86tn under BuhariÂ
President Buhari The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to , rising by 2,286 per…
Court freezes accounts of forex trading platforms
The Federal High Court Abuja on Tuesday frozen the bank accounts of some investment and trading platforms that Nigerians have been using to transact Ahmed Mohammed made the order…