Archives for MONEY MARKET - Page 108
Ecobank Nigeria Extends Remittance Services To Business Accounts Holders
Ecobank Nigeria has extended its innovative remittance services to its business account holders. According to Ecobank, this implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer…
CBN disburses N68bn under 100-for-100 policy
The Central Bank of Nigeria has disbursed to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. According to the bank, the CBN Governor,…
Stanbic IBTC Gets Highest GCR Rating AAA(NG) With Stable Outlook
By Ngozi Onyeakusi---The foremost credit rating agency, Global Credit Ratings (GCR) upgraded the national scale long-term issuer rating assigned to Stanbic IBTC Bank PLC to AAA(NG) from AA+(NG) and affirmed…
As CBN Tackles Inflation, Currency in Circulation Dips by N72.5bn in June
Following the Central Bank of Nigeria (CBN) to manage exchange rate, currency in circulation dropped by or per cent from as at the end of May to at the…
Bayelsa Govt. Seeks Heritage Bank Support On Youth Devt
Daniel Igali; Commissioner for Youths and Sports, Bayelsa State; Osepiribo Ben-Willie, Directorate Head, South-South, South-East & Private Wealth Management; Senator Lawrence Ewhrudjakpo, Deputy Governor; Jude Monye, Executive Director, Heritage…
Union Bank Partners JAN To Empower Over 300 Girls
As part of Junior Achievement Nigeria’s vision of inspiring and preparing the youth to succeed in a global economy and in alignment with Union Bank’s corporate sustainability impact strategy,…
UN Commends Sterling One Foundation on Africa Social Impact Summit
By Ngozi Onyeakusi--- The United Nations Resident and Humanitarian Coordinator, Nigeria Mr. Matthias Schmale, has commended the Sterling One Foundation for creating a convening to accelerate growth towards the 2030…
FG Earmarks N6.72trn for subsidy in 2023, NNPC To Stop Funding
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed Minister of Finance and National Zainab Ahmed has fisvlosed that the government in its fiscal projection in the medium term…
Nigeria Records N3.09trn deficit in 2022 budget in four months
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed By Ngozi Onyeakusi---Nigeria recorded trillion as deficit in the 2022 budget from January to April this year even as the…
DMO Gives Reasons For Government Continues Borrowing
DMO DG , Patricia Oniha By Ngozi Onyeakusi----The Director General of the Debt Management Office (DMO), Patience Oniha, has clarified why the government continued to borrow, saying that without that…
