Archives for MONEY MARKET - Page 14
Ogbonna, Mene, Zubairu Chart Path for Developing Continental Trade at Africa CEO Forum
PRESS RELEASE ACF2025. CONVERSATION WITHModerator : Trudi MAKHAYA, Partner, BCGSpeaker : Samaila ZUBAIRU, President & CEO, Africa Finance Corporation (AFC)Speaker : Wamkele MENE, Secretary General, African Continental Free Trade Area…
Fidelity Bank Reclaims Trillion-Naira Market Cap As Stock Rises To ₦21
BY NGOZI ONYEAKUSI Leading financial institution, Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by , climbing from ₦ to ₦…
The blood Profits Of Nigerian Banks
By Michael Owhoko, The astronomical rise in banks’ profits as reflected in the 2024 full year financial report has exposed the banking industry as a lucrative enterprise powered by arbitrary…
N4.7tn debt: Gencos demand date to meet Tinubu
Electricity generation companies want President Bola Tinubu to hasten the plan of meeting with the firms over the power sector debt to the Gencos. While saying there is no date…
Naira Printing Costs Soars By 306% To N315.18bn In 2024
BY NGOZI ONYEAKUSI The Central Bank of Nigeria (CBN)'s audited financial statement for the year 2024 has revealed that the apex bank spent on currency issue expenses in 2024, thus…
CBN raises N2.93trn from T-bills, OMO auction on strong investor demand
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) successfully has raised trillion from recent auctions of Treasury Bills (T-Bills) and Open Market Operation (OMO) bills, buoyed by…
Heritage Bank: NDIC Commences N46.6bn payout to top depositors
BY NGOZI ONYEAKUSI The Nigeria Deposit Insurance Corporation has commenced the payment of as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank, whose funds exceeded…
Supreme Court sets aside N22trn judgement against Union Bank
The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014. The judgement arose…
Sterling Bank Introduces Free Bus Rides for Nigerians
…doubles down on its push for Free Bank Transfers BY NGOZI ONYEAKUSI After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again…
Union Bank’s Edu360 Initiative Fuels Future Stars at Greensprings Football Academy
BY NGOZI ONYEAKUSI Union Bank has again demonstrated its commitment to youth development and quality education by sponsoring the 11th edition of the Greensprings Football Academy. The five-day training…
