Archives for MONEY MARKET - Page 129
Court Dismisses Case Against CBN’s Directives on Bank Charges
By Ngozi Onyeakusi-------The Federal High Court sitting in Abeokuta, Ogun State Capital, has dismissed a suit instituted by a legal practitioner, Olumide Babalola, challenging the Central…
Nigeria’s full economic recovery before 2022, a mirage ….IMF
By Ngozi Onyeakusi-------The International Monetary Fund has said that Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current policies.…
Ecobank Nigeria Launches Money Transfer Via SMS, WhatsApp
By Ngozi Onyeakusi ----- Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s…
Why Cryptocurrency Transactions’ Ban In Nigeria Is Justified … CBN
 By Ngozi Onyeakusi----- Central Bank of Nigeria (CBN), at the weekend highlighted negative implications of cryptocurrencies thus justifying reasons for restricting Deposit Money Banks and other institutions from…
What’s the big deal about cryptocurrency?
By Obadiah Mailafia  A new Central Bank of Nigeria directive, dated February 5, 2021, has ordered all deposit money banks, non-bank financial institutions and…
FIRSTBANK EMPOWERS FIRSTMONIE AGENTS WITH UP TO 1 MILLION NAIRA Â
By Ngozi Onyeakusi------ furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents  Nigeria’s leading financial inclusion services provider, First Bank of…
FBN HOLDINGS ANNOUNCES NEW BOARD APPOINTMENTS
FBN Holdings PLC (“FBNHoldings), Nigeria’s leading financial holdings company, has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes…
Nigeria commences national business sample survey
By Ngozi Onyeakusi------ The National Bureau of Statistics (NBS) has commenced the National Business Sample Survey (NBSS), a component of National Business Sample Census (NBSC). The NBS’s Head, Public…
Sterling Bank introduces improved agricultural commodity trading platform in Nigeria
PRESS RELEASE ***...to facilitate funding for agro dealers Leading commercial bank, Sterling Bank PLC has declared open for public use SABEX, its newly enhanced agriculture…
Fidelity Restates Support To Small Business As Enugu First Lady, ABCON Commend BankÂ
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi -----Fidelity Bank Plc, top Nigerian lender has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium…