Archives for MONEY MARKET - Page 142
N5trillion AMCON Debt: IGP To Direct All AIGs, CPs To Support Recovery Drive
MD AMCON The Inspector General of Police (IGP) Mr Usman Alkali Baba has declared that the Asset Management Corporation of Nigeria (AMCON) needs the collaboration of all Assistant Inspector-Generals of…
UBA’s Half-year Profit Grows By 33% to N76.2 Billion
*Declares 20k per share interim dividend By Ngozi Onyeakusi---Africa’s leading financial institution, the United Bank for Africa (UBA) Plc has announced its audited half year financial results for…
Heritage Bank, others bankroll SCOA handover of trucks, equipment to Julius Berger worth N15.5bn
R-L: Mother Dan-Egwu, Regional Head, Lagos Mainland, Lagos Mainland Zone of Heritage Bank Plc; Henry Agbamu, Chairman of SCOA Nigeria Plc; MD of Julius Berger Nigeria Plc, represented…
CBN, NSIA to lead discussion on infrastructure, SME financing at FICAN summit
The Central Bank of Nigeria (CBN) and the Nigeria Sovereign Investment Authority (NSIA) are set to lead discussion at a summit on Infrastructure, Small and Medium Scale Enterprises…
Fidelity Bank Posts 72.4% Profit In Six Months
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi----Fidelity Bank Plc has recorded a profit before tax (PBT) to the tune of billion for the six months ended June 30, 2021.…
CBN Denies Directing DMBs, MTOs Others To Convert Domiciliary Account Holdings To Naira
Emefiele By Ngozi Onyeakusi--- The Central Bank of Nigeria (CBN) has condemned in strong terms rumour peddling in the social media of a circular with a fake CBN logo…
Nigeria2Equal: Stanbic IBTC, IFC, NGX Collaborate For Gender Balance
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced a partnership with the International Finance Corporation (IFC) and the Nigerian Exchange Limited (NGX) to promote gender…
FIRSTBANK LAUNCHES LIT APP, REINFORCES ITS COMMITMENT TO PUT CUSTOMERS FIRST
Adesola-Adeduntan-MD_CEO FirstBank- In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created…
CBN Directs Banks, PSBs to Disaggregate Bulk Payments
The Central Bank of Nigeria (CBN) has instructed banks and Payment Service Providers (PSBs) to separate all transactions that would normally categorised as bulk payment upon transition. The apex…
Nigeria, others lost $793.7m to maritime insecurity –NIMASA
Badhir-Jamoh DG NIMASA Nigeria and other countries on the shores of the Gulf of Guinea lost $ in 2016 as a result of maritime insecurity, the Nigerian Maritime Administration…
