Archives for MONEY MARKET - Page 146
2022: Senate passes N13.98trn deficit Budget, retains revenue of N8.36 tri oil benchmark at $57 per barrel
Senate has passed the 2022-2024 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP. with the approval of deficit Expenditure of trillion the Federal Government should…
Nigeria incurs N2.29 trillion fiscal deficit in Q1
By Ngozi Onyeakusi--- Nigeria in the first quarter of 2021 recorded a fiscal deficit of trillion or percent of the year’s quarterly GDP. According to the Budget Office…
20% Nigerians lose jobs to COVID-19– NBS
By Ngozi Onyeakusi--- The National Bureau of Statistics (NBS) has disclosed that about 20 per cent of workers in Nigeria lost their jobs as a result of COVID-19 pandemic.…
Import index rose by 1.07% in Q2 – NBS
The All- commodity group import index on average grew marginally by per cent, driven mainly by products of the chemical and allied industries, wood and articles of wood,…
Presidency orders use of technology to tax transactions
By Ngozi Onyeakusi---In a bid to improve government earnings, President Muhammadu Buhari has ordered the deployment of technology to tax all digital transactions carried out across the country. …
CBN Faults Calls For Gov’s Resignation
By Ngozi Onyeakusi--- The Spokesman of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi has faulted claims from certain quarters for the resignation of the CBN…
Nigeria’s e-naira, compulsory for all says CBNÂ
The Central Bank of Nigeria says the e-naira which is set to be launched on October 1 is a legal tender equal to the value of the naira…
FIRST BANK EXPANDS INTERNATIONAL MONEY TRANSFER NETWORK, REINFORCES COMMITMENT TO CUSTOMER SERVICE
Adesola Adeduntan - First Bank CEO By Ngozi Onyeakusi---In furtherance of the need to expand diaspora remittance inflow into the country, First Bank of Nigeria Limited has…
Sekibo urges govt., stakeholders to prioritise SMEs, youth entrepreneurshipÂ
L-R: Preye Ojeme, Heritage Bank’s Experience Centre Manager, Maitama, Abuja; Daniel Oniko Regional Head Abuja 1; Dr. Bayo Olugbemi, President/Chairman of Council, Chartered Institute of Bankers of Nigeria;…
Commitment to Customer Service Translates to Financial Gains – UBA GMD
Uzoka, GMD UBA By Ngozi Onyeakusi---The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, has said that the bank recorded significant improvement in…
