Archives for MONEY MARKET - Page 119
INFRACORP APPOINTS DR. LAZARUS ANGBAZO FOUNDING CEO/MD
Dr. Lazarus Angbazo By Ngozi Onyeakusi---The Infrastructure Corporation of Nigeria (InfraCorp) has announced the appointment of Dr. Lazarus Angbazo as its founding Chief Executive Officer and Managing Director.…
Union Bank Launches Future-Forward Innovative Co-Creation Hub, SpaceNXT
…reiterates commitment to innovation and technological advancement in Nigeria Leading financial institution, Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage…
Nigeria’s imports rise by N12.11tn despite forex shortage
Between 2016 and 2021 Nigeria’s import bill rose from to of , according to the Central Bank of Nigeria and the National Bureau of Statistics data. This implies that…
Banks Borrowing from CBN Drop To N1.35 trillion In 2022 Q1
Banks borrowing from the Central Bank of Nigeria (CBN) dropped marginally by per cent to trillion in the first quarter of 2022 compared to trillion reported by the apex banking…
CBN warns of illegal firms promising outrageous returns
The Central Bank of Nigeria has warned the public to avoid dealing with unlicensed or illegal financial operators who lure and defraud unsuspecting members of the public with promises of…
CBN threatens banks for circulating mutilated notes
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) against the practice of circulating composed banknotes which is part of their deposits with the apex bank. The…
Fidelity Grows PBT by 35.7% to N38.1bn for FY 2021
Fidelity Bank MD/CEO Nneka Onyeali-Ikpe By Ngozi Onyeakusi---Leading financial institution, Fidelity Bank Plc has recorded growth in Profit Before Tax for its 2021 financial year to close the year…
CITN President Decries Move To Deregulate Tax Practice
Adesina Adedayo, CITN President By Ngozi Onyeakusi---The President, Chartered Institute of Taxation of Nigeria (CITN), Mr Adesina Adedayo, has expressed his concern about the subtle move to deregulate tax practice…
Global Money Week: Fidelity Bank to Empowers 4,000 Students In 36 Secondary Schools
Regional Operations & Service Supervisor (ROSS) - South-West 2, Fidelity Bank Plc, Ayoola Alabi (3rd from Right) presenting a gift to the Proprietor, Bestline Distinct College, Ado-Ekiti Pastor Omodara David…
Reps committee uncovers N300bn in dormant accounts in Nigerian banks
The House of Representatives ad hoc committee on dormant accounts in commercial banks in Nigeria, has uncovered over N300 billion unclaimed funds in the banks. The Chairman of the…
