Archives for MONEY MARKET - Page 113
Heritage Bank partners Silverbird to empower young creative Nigerians
L-R: Certificate recipients of Ynsprye Project- Oluwasegun Ikoya; Deborah Johnson; Ozena Utulu, Head, Brand Management and Sustainability Heritage Bank; Fela Ibidapo, Divisional Head, Corporate Communications; Uchenna Mike Olisa, Head Product…
FG Commends Ecobank’s N100b Support To MSMEs
The Minister of State, Ministry of Industry, Trade & Investment, Ambassador Mariam Yelwaji Katagum has luaded Ecobank Nigeria’s massive support and sustained commitment in providing credit to entrepreneurs and small…
CBN Raises Capital Requirements for Payment Solutions Service Providers to N250m
Emefiele The Central Bank of Nigeria (CBN) yesterday issued a new licence requirements for payment systems, increasing the minimum capital requirements for Payment Solutions Service Providers (PSSPs) to N250 million…
Grobank formally becomes Access Bank South Africa
Ngozi Onyeakusi--- Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. The deal was finalized after Access Bank’s acquisition of controlling…
AFCFTA: Nigeria IP at Risk, Business lawyers
Business Lawyers have maintained that Nigeria’s intellectual property (IP) is at risk since the advent of internet and digital disruption in the business world; this is even as discussions and…
‘Why CBN may hike interest rate’
As members of Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) begin their two-day meeting today, market pundits at Cordros Group said the apex bank might hike the benchmark…
Banks USSD debts to telcos records N47 billion
Bank By Ngozi Onyeakusi--- The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service Data (USSD) have risen from N42 billion to…
Nigerian economy still weak as GDP grows by 0.51% in 2021 Q1… Experts
The National Bureau of Statistics has disclosed that the Nigeria's Gross Domestic Product grew by per cent in Q1 2021, compared to the per cent growth rate recorded in Q1…
FirstBank Bags 2021 Retail Banking CEO of the Year Award
By Ngozi Onyeakusi--- First Bank of Nigeria Ltd., has been awarded the 2021 ‘Retail Banking CEO of the Year Nigeria’; ‘Most innovative Retail Banking App Nigeria’ and ‘’Best CSR Bank…
World Bank rejects call for debt cancellation for Africa
The World Bank Group yesterday rejected request by African heads of state for cancellation of their countries’ debts, saying the world has moved past that line of action. World Bank…