Archives for MONEY MARKET - Page 102
CBN Rolls Out Framework Against Cyber Attack
The Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber-attack. This was contained in a memo issued by Nkiru Asiegbu, CBN’s…
ENJOYING BANKING CONVENIENCE WITH FIRSTBANK’S FIRSTMOBILE
First Bank building As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception…
FGÂ Plans To Borrow More In 2022 Despite Huge Debt
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed By Ngozi Onyeakusi--- Despite outrageous rise in debt owed by the country, the Federal Government, has disclosed plans…
Federal Government’s Funding for Priority Projects in Oil Industry Suffers $1.54trn Deficit in JuneÂ
Buhari The federal government through the Nigerian National Petroleum Corporation (NNPC) may have been unable to fund its priority projects in the oil and gas industry to…
Effective Judicial System Will Assist Nigeria Economy – Amb. Rimi
AMCON MD/CEO, Ahmed Kuru (left); Nigerian Ambassador to Egypt, His Excellency, Nura Abba Rimi and Hon. Justice Binta Nyako at the event in Cairo, Egypt on Monday…
Unity Bank Corpreneurship Challenge Produces 30 More Winners in 6th Edition
From left: Mr. Kabir Mashi, Regional Manager, North West, Unity Bank Plc, Omolola Kehinde, 2nd runner up, Aisha Tata Mohammed, Kano State NYSC Coordinator, Yahaya Muhammad, the overall winner,…
Foreign reserves resume decline after rising to $33.59bnÂ
By Ngozi Onyeakusi-- The foreign exchange reserves in Nigeria have started declining again after rising to $, the highest level in more than a month. The forex reserves,…
Nigeria’s foreign liabilities stand at $85.21bn — IMFÂ
IMF logo Nigeria’s foreign liabilities stood at $ while the country’s foreign assets amounted to $ as of December 2020, the International Monetary Fund has said. From…
VAT Collection: FIRS Files Appeal Against Court Judgment
By Ngozi Onyeakusi---The Federal Inland Revenue Service (FIRS) has appealed a recent judgment of the Federal High Court in Port Harcourt Rivers State on the issue of…
Bank CEOs threaten forex fraudsters with arrest, prosecution
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access to foreign exchange from banks, saying…