Archives for MONEY MARKET - Page 118
NBS employment statistics: FG , W’Bank to hold virtual meeting
By Ngozi Onyeakusi--- The Federal Government and the World Bank will be holding a virtual meeting today to discuss modalities used by the National Bureau of Statistics (NBS) in gathering…
First Bank appoints Gbenga Shobo as new MD/CEO
Gbenga-Shobo The Board of Directors of First Bank of Nigeria Limited has appointed Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO). The appointment was disclosed in a statement made…
CBN boast FOREX market with $1.47bn in one month
The Central Bank of Nigeria injected $ into the foreign exchange segment of the market as part of its efforts to stabilise the naira in January. According to figures from…
Union Homes grows net income by 3% to N102.25m in Q1 2021
Union Homes Real Estate Investment Trust (UH REIT), a closed-ended Fund primarily involved in acquiring investment properties which are held for capital appreciation has released its statement of comprehensive income…
FBN Holdings settles shareholders with N16.15b dividend
By Ngozi Onyeakusi--- FBN Holdings Plc shareholders has declared a total dividend of billion for the financial year ended Dec. 31, 2020. The shareholders approved the dividend at the company’s…
Fidelity Bank posts N55.122 bn gross in 2021 Q1
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi--- Fidelity Bank Plc, a Nigerian bank which provides a full range of financial services including investment, commercial and retail banking has released…
EFCC places red flag on bitcoin, forex trading, others
The Economic and Financial Crimes Commission (EFCC) has warned that any investment that promises returns that “looks too good to be true should be considered a red flag.” “Though risk-taking…
Heritage Bank promotes creative industry with support for “Rita Dominic Acting Challenge”
Heritage Bank Plc has further reiterated its commitment to the growth and development of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” Heritage Bank in collaboration…
World Bank tasks Nigeria Governors on digital tax collection
The World Bank has advised Governors to adopt a digital tax collection method to reduce revenue leakage and borrowing from international financial institutions. The country representative of the World Bank…
Access Bank acquires BancABC Botswana
MD, Access Bank, Herbert Wigwe By Ngozi Onyeakusi --- Access Bank, Nigeria’s biggest lender by customer base, says it has entered into a definitive and binding agreement with ABC Holdings regarding…