Archives for MONEY MARKET - Page 149
FIRSTBANK SPONSORS 5TH EDITION OF CHIEF OLUSEGUN OBASANJO GOLF TOURNAMENT
Chief Olusegun Obasanjo, former President, Federal Republic of Nigeria (middle); Mr. Tunde Owolabi, Group Executive, Retail Banking (Lagos & West), First Bank of Nigeria Limited (right) and Mr.…
No Plans to Take Over Dangote Refinery says AMCON
Dangote By Ngozi Onyeakusi---Management Corporation of Nigeria (AMCON) has denied the report that it could take over the Dangote Refinery over debts owed by the Dangote Group to banks. The…
Nigeria loses N900bn annually to foreign engineers
President, COREN, Ali Rabiu As dearth of indigenous engineering technicians and craftsmen conyinue to pose challenge to Nigeria, the Federal Government has disclosed that estimated N900 billion is being lost…
CBN releases guidelines for CGCs regulation
CBN Governor, Emefiele By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in the country. The guidelines are contained…
World Bank names Nigeria among 10 with high-debt risk
By Ngozi Onyeakusi---The World Bank has listed Nigeria among top 10 countries with high debt risk exposure. It stated this in the financial statement for International Development Association, which was…
Nigeria’s VAT soars to N1tn in six months —NBS
National Bureau of Statistics (NBS) has disclosed that Nigeria generated a N1tn in the first half of the year, consisting of in the second quarter and generated in the first…
Stanbic IBTC Receives Recognition Across Various Sectors
By Ngozi Onyeakusi---Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation's outstanding performance across various facets of Nigeria's financial industry and its contribution to the…
Nigeria’s telecoms sector generates fresh N822.66b
National Bureau of Statistics (NBS) has disclosed that two major telecoms operators, MTN Nigeria and Airtel Africa Plc, have attracted a total of $2billion (approximately ) funds into their operations.…
Debt servicing consuming Nigeria’s revenues, says LCCI
The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise the infrastructure sector by breaking government monopoly and securitize corporate assets via public offerings…
Heritage Bank Introduces Innovative Products For Schools, Alumni
L-R: Chinwendu Ofulue, Regional Head, South East 2, South East 2 Zone, Heritage Bank; Amaele Promise, Uniport Alumni Officer; Dike Dimiri, Divisional Head, Product Management and Inclusive Banking; Figbene Briggs, Regional…
