Archives for MONEY MARKET - Page 111
INVESTMENT WITH FUND MANAGERS NOT COVERED BY THE NDIC
NDIC MD With the recent increase in investment channels arising from innovative products, there has been an increase in illegal fund managers who have been using different platforms soliciting public…
Unity Bank Records N27B Gross Earnings in H1’22 Records 23% Growth in PAT
Retail lender, Unity Bank Plc has posted gross earnings of billion for its 2022 half-year results, representing a growth of 17% year-on-year. In its unaudited half-year financials submitted to the…
FOREX: CBN Allays Fears of Nigerians
In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge…
N58.2 bn of N100 bn earmarked for Constituency Projects was allocated to Empowerment projects, among other irregularities in the 2022 ZIPs
Budgit logo Tracka, BudgIT’s service delivery promotion platform which allows citizens to collaborate, track and give feedback on public projects in their communities, has established that billion of the…
Uwaleke, former commissioner forecasts investment climate in next six months
Prof. Uche Uwaleke By Ngozi Onyeakusi--- former Commissioner for Finance in Imo State and currently Professor of Capital Market at the Nasarawa State University Keffi, Uche Uwaleke has given…
NBS, UBEC, Federal Ministry of Education Partner To Verify Better Education Service
By Ngozi Onyeakusi---The National Bureau of Statistics is collaborating with the Federal Ministry of Education, Universal Basic Education Commission (UBEC) and Federal Ministry of Finance, Budget and National Planning to…
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…
