Archives for MONEY MARKET - Page 108
CBN’s MPC begins two-day economic meeting today
The Central Bank of Nigeria’s Monetary Policy Committee will begin its two-day bi-monthly meeting on Monday (today). This came as analysts at Cordros Securities predicted that the MPC would retain…
Nigeria’s inflation overshoots World Bank projection by 20%
Despite raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s projection of per cent. In its recent ‘Nigeria Development Update…
High Inflation Rate: Nigeria ranks 8th among top 10 countries
World Bank has ranked Nigeria 8th out of the ten countries with high inflation rate in the world. Nigeria at the moment has inflation rate of per cent. Nigeria’s inflation…
Inflation pushing Nigeria, others to the brink — IMF
IMF logo The International Monetary Fund has said inflation, debt, and forex crisis is pushing the Nigerian economy and other African economies to the brink. The Managing Director of the…
PlusRewards: Stanbic IBTC Reiterates Commitment To Improve Customers Lifestyle Experience
By Ngozi Onyeakusi---Stanbic IBTC Bank has restated its commitment to providing quality service to its customers with the PlusRewards loyalty scheme. A loyalty programme that provides exclusive discounts and offers…
Ecobank Nigeria partners HerAbility Hub on promoting girl-child education
By Ngozi Onyeakusi--- Ecobank Nigeria has said its partnership with HerAbility Hub to promote girl-child education is in line with its overall strategy to support the development of the nation’s…
Heritage Bank partners Xplo-Sound, adopt Ynspyre to propel growth in entertainment industry
L-R: Ozena Utulu, Ag. Group Head, Corporate Communications, Heritage Bank; Olaolu Gbenjo, Convener, Live Gratitude; Titilayomi Babaoye, Group Head, Inclusive Banking, Heritage Bank during Gbenjo’s Concert for Life gratitude…
CBN Seeks Proper Disclosure, Fraud Prevention Mechanism on Digital Financial Services
The Central Bank of Nigeria (CBN) has directed financial institutions and payment service providers to do more to enhance transparency and proper disclosure of Digital Financial Services (DFS) going…
POST-VAIDS: JTB, FIRS COMMENCES FULL SCALE ENFORCEMENT ON DEFAULTERS
Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance,…
Nigeria secures Lion’s share of $65bn World Bank funding
The Federal Government of Nigeria has secured the biggest share of the $65bn (N27tn) funding from the World Bank’s International Development Association to African countries. This was as the…
