Archives for MONEY MARKET - Page 12
Africa loses $40bn to illicit financial flows in extractive sector yearly—ECA
BY NGOZI ONYEAKUSI Africa loses approximately $40 billion annually to illicit financial flows (IFFs) in the extractive sector. This was made known by the United Nations Economic Commission for Africa…
2025 Budget: Outrage Persists Over N6.9trn Projects Insertion As FG Keeps Mum
BY NGOZI ONYEAKUSI More Nigerians have continued to express outrage over the reported insertion of trillion worth of projects into the 2025 national budget by members of the National Assembly…
ZENITH BANK EMERGES NIGERIA’S BEST BANK FOR FIFTH TIME IN SIX YEARS IN THE GLOBAL FINANCE AWARDS 2025
BY NGOZI ONYEAKUSI Zenith Bank Plc has been named “Best Bank in Nigeria” in the Global Finance Best Banks Awards 2025, winning the award for the fifth time in six…
NDIC Seeks Stakeholders’ Inputs to IADI Core Principles for Effective Deposit Insurance
BY NGOZI ONYEAKUSI NDIC MD The Nigeria Deposit Insurance Corporation (NDIC) has called for feedbacks from financial services industry stakeholders in the country, policy makers and the general public towards…
Union Bank, PAPSS Simplify Cross-Border Transactions
BY NGOZI ONYEAKUSI To deliver simpler, smarter banking solutions, Union Bank of Nigeria has partnered with the Pan-African Payment and Settlement System (PAPSS) network, a Financial Market Infrastructure that provides…
ANOTHER MILESTONE ACHIEVED: FIRSTBANK DISBURSES N1 BILLION IN ONE DAY, THROUGH AGENT CREDIT SCHEME
Olusegun AlebiosuMD/CEO FirstBank By Tosin Ajayi Firstmonie Agent Credit Scheme is a FirstBank’s digital lending solution designed to empower a wide range of low-income individuals who face barriers…
ACAMB Champions Bankers Wellness with Aerobics Fitness Session
BY NGOZI ONYEAKUSI As part of its commitment to promoting a healthier and more resilient banking workforce, the Association of Corporate Affairs Managers of Banks (ACAMB) is organizing a special…
Inclusive Education in Action, Union Bank Sponsors Mathematics Competition for Hearing Impaired Students
BY NGOZI ONYEAKUSI Union Bank of Nigeria, through UnionCares, an arm of its Corporate, Sustainability and Innovation Initiative, recently sponsored the Ajofa Special Education Foundation for the Deaf Mathematics…
The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times
By Elvis Eromosele In the first quarter of 2025, a curious paradox is playing out across Nigeria’s economic landscape. Discerning observers will notice that the nation’s economic landscape tells a…
DBN disburses N273.4bn, rewards banks
The Development Bank of Nigeria has recognised outstanding partner financial institutions for their contributions to micro, small, and medium enterprise growth across Nigeria, disbursing in the past year and pushing…
