Archives for MONEY MARKET - Page 117
Tax Harmonization and Prospects for Nigerian Economy
By Kelechi Okoronkwo --- To harmonize means to produce a pleasing combination; the way it happens in music production. Different sounds and notes are blended to produce harmony; and…
High food prices to prevail in Nigeria, others till 2023 – IMF
IMF logo The International Monetary Fund says the impact of the war in Ukraine is likely to sustain pressure on commodity prices, affecting oil and gas prices severely in…
Cooking gas price increases by 83% in one year – NBS report
The National Bureau of Statistics has disclosed that average retail price for cooking gas increased by per cent from in March 2021. The report titled, “Liquefied Petroleum Gas (Cooking Gas)…
Stanbic IBTC Urges SMEs to Digitise Products, Services
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has urged small and medium size enterprises (SMEs) in Nigeria to digitise their products and services to drive…
IMF upgrades Nigeria’s economic growth forecast to 3.4%
The increase in global oil prices has caused the International Monetary Fund to review IMF logo Nigeria’s economic growth potential to per cent in 2022. The IMF disclosed this…
Despite CBN’s clampdown, Nigerians traded N316.9bn bitcoin in 2021
Nigerians traded at least in bitcoin in 2021 despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions in the nation’s banking system. Last February, the CBN directed banks in…
Access Bank Introduces Online Account Opening Platform
By Ngozi Onyeakusi ---Nigeria’s largest lender in the SME space Access Bank plc has unveiled an online account opening platform for unregistered businesses. The online account opening platform…
Union Bank Emerges Winner at Middle East & Africa Innovation Awards
Leading financial institution, Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation…
Access Bank Transforms To Access Corporation From May
MD, Access Bank, Herbert Wigwe By Ngozi Onyeakusi--- Access Bank Plc is set to transform from core banking into a full financial services holding company come May 1st 2022. The Managing…
CBN orderes payment of N3.5bn rebate to exporters in RT200 programme
By Ngozi Onyeakusi--- The Central Bank of Nigeria (CBN) has asked for the immediate release of billion rebate to 150 exporters who participated in the Race To $200 billion initiative.…
