Archives for MONEY MARKET - Page 129
Foreign inflows fall by 32%, UK, S’Africa, others slash Nigeria investments
The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 per cent to $500m in October 2021, from $660m recorded in September. The…
Ecobank Seals Deal With Learntor On Digital Technology Training For Youths
L-R: Olajuwon Abayomi, Team lead, Youth Banking, Ecobank Nigeria; Bassey Bassey, Awardee; Mercy George-Igbafe, Founder, Learntor; Korede Demola-Adeniyi, Head, Consumer Banking; Ecobank Nigeria; Kevin Omofa, Awardee; Adebayo Sotayo, Awardee…
FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR 2022
Adesola-Adeduntan-MD_CEO FirstBank- First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends…
Nigeria – A New Year but Same Old Story
2022 could be a critical year for Africa’s largest economy as it navigates through Covid-19 and inflation-infested waters. Global economic conditions remain strained by the coronavirus menace while…
Capital importation falls by N1.68tn – CBN
Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $ () in one-year, latest statistics have shown. Between January and September 2020, total…
Fed Govt spent $1.68b on food imports in 9 months
The Federal Government spent $ billion on food importation between January and September in 2021. This was contained in a Central Bank of Nigeria (CBN) report on sectoral utilisation…
Ecobank reiterates commitment to pan African Trade, AfCFTA
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities,…
Nigeria’s external reserves dips by $21.8m in 6 days as CBN strives to meet forex
CBN Governor Godwin Emefiele Nigeria’s external reserves dropped to $ following the withdrawal of $ by the Central Bank of Nigeria (CBN) earlier in the ; Data obtained from…
MAN Expresses Worry As FG Imposes New Tax On Soft Drinks
By Ngozi Onyeakusi---The Manufacturers Association of Nigeria (MAN) has warned that the Federal Government’s introduction of N10 excise duty per litre on all non-alcoholic, carbonated and sweetened beverages via the…
FG Assures Further Drop In Price Of Cooking Gas
Gas cylinder The Federal Government said it is working to ensure further reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas. It disclosed this while reacting…
