Archives for MONEY MARKET - Page 101
Flood threatens N1.9tn CBN agric schemes, losses mount
The devastation caused by floods on hundreds of thousands of hectares of farmlands across the country currently poses a threat to the various agricultural schemes of the Central Bank of…
How CBN injected N5tr to support businesses, economy’
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) and Federal Government collectively mobilised and injected N5 trillion to support households and businesses in the face of daunting economic challenges triggered…
Massive Opportunities Abound In Agriculture – Sterling Bank
By Ngozi Onyeakusi---Sterling Bank Plc, Nigeria’s leading commercial bank, has said there are massive opportunities in the agricultural sector of the Nigerian economy for those who are prepared to work…
REMARKS BY CBN GOVERNOR GODWIN EMEFIELE ON ISSUANCE OF NEW NAIRA BANKNOTES
Naira Good afternoon Ladies and Gentlemen, and welcome to this special press briefing of the Bank. We have called this gathering to inform relevant stakeholders and the general public of…
BREAKING: CBN Redesigns Naira Notes, New currencies Begin Dec. 15, 2022, Existing Currencies Cease Jan. 31, 2023
Emefiele By Ngozi Onyeakusi----The Central Bank of Nigeria (CBN) has obtained the approval of President Muhammadu Buhari to redesign, produce, and circulate new series of banknotes at N100, N200, N500,…
FIRS COMMENCES DIRECT COLLECTION OF TAXES FROM ONLINE GAMING OPERATORS
By Ngozi Onyeakusi---The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution.…
ACCESS CORPORATION TO ACQUIRE INDIRECT EQUITY IN SIGMA PENSIONS
By Ngozi Onyeakusi--- Access Holdings Plc, trading as Access Corporation has announced that the National Pension Commission (PenCom) and the Federal Competition and Consumer Protection Commission (FCCPC) have granted…
Nigeria’s External Debt Rises To $40bn
Nigeria’s total external debt has risen from $ on June 30, 2015, to $ as at June 30, 2022, The PUNCH has learnt. This shows that there has been an…
Access Bank Set To Reward Customers With Millions
Access Bank is rewarding its loyal customers with cash rewards and other reward items up to N1 billion for funding, transacting, maintaining, and increasing their deposits from October 2022 to…
UBA’s Earnings Hit N608bn, As Profit Increases To 12.3% In 9-Months
UBA building By Ngozi Onyeakusi---United Bank for Africa (UBA) Plc, has recorded a gross earnings of N608 billion, up from N493 billion, and a percent growth in operating income to…
