Archives for MONEY MARKET - Page 110
FG borrows N2.45tn from CBN amid fiscal risks
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from in December 2021 to in June 2022. According to data from…
Photo: NDIC Holds Workshop for Law Enforcement Officers In Lagos
L-R DCP. Ayoola Ajala, Coordinator, Financial Malpractices Investigation Unit; Mohammed B. Abubakar, Director Public Prosecution of the Federation; Hassan Bello, FCA, MD/CE, NDIC; Michael Oladele, Director Bank Examination Department, NDIC;…
Heritage Bank supports Nigerian Airforce with impactful digital solutions
R-L: Ozena Utulu, Ag. Group Head, Corporate Communications, Heritage Bank; WG CDR JC Igwenagum, President, Nigerian Air Force 301 HAG Cooperative Multipurpose Society and Rosemary Onwuka, Experience Centre Manager, Lagos…
Nigeria’s economy in bad shape –UNDP
Amidst declining revenue and foreign exchange earnings coupled with rising debt service payments, a United Nations Development Programme (UNDP) report on Imagine Nigeria, has declared that the country’s economy is…
Nigeria, three others top World Bank debtors’ list
Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial statements, known as the IDA…
High debt hurting investment in infrastructure –DMO
DMO DG , Patricia Oniha The Director General of the Debt Management Office, Patience Oniha, has said that high debt levels lead to high debt services and affect investment…
Polaris Bank remains Stable, Strong, Not Sold– Mgt
Polaris Bank has assured its customers that it remains stable, strong and not sold. This clarification according to the lender became necessary following an online report on the purported sale…
FirstBank Assures Customers Of Unhindered Banking Services
... Says No Branch, Head office Sealed Adesola-Adeduntan-MD_CEO FirstBank- FirstBank has assured its customers of unhindered banking services across the country. The lender gave the assurance following…
FIRSTMONIE AGENTS RECORD OVER ONE BILLION TRANSACTIONS
Adesola-Adeduntan-MD_CEO FirstBank- First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider has announced that its agent banking network – Firstmonie Agents – spread across the nook and…
BEWARE OF SCAM ARTISTS: FIRS IS NOT RECRUITING
On repeated occasions, the Federal Inland Revenue Service (FIRS) has cautioned the general public to be vigilant and circumspect not to deal with scam artists who pose as recruitment…
