Archives for MONEY MARKET - Page 151
Sterling Bank grows net trading income by 126.2% Q1 2020
Suleiman By Ngozi Onyeakusi-- Sterling Bank Plc, a full service national commercial bank, has reported a net operating income of billion during its first quarter ended March 31, 2020 compared…
COVID-19: SMEs’ partnership, rigorous commitment key to sustainable economy growth- Sekibo
Sekibo By Ngozi Onyeakusi-- In light of the sharp dwindling in the global economy occasioned by Covid-19 pandemic, the MD/CEO of Heritage Bank Plc, Ifie Sekibo disclosed that with partnership,…
FOREX REPATRIATION: Emefiele Assures Investors
Emefiele By Ngozi Onyeakusi-- The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured investors of the security of their investments in the country despite dwindling revenue from…
Access Bank Set To Open 10 ‘CLOSA’ branches
Wigwe As part of its commitment to increase customers’ access to banking services in communities across the country, Access Bank has concluded plans to commission 10 Access ‘CLOSA’ outlets in…
COVID-19: Investors urged to Explore Opportunities in Capital Market
Uduk As the Coronavirus pandemic continues to ravage the world and businesses and individuals suffer the effects, Nigerians have been urged to look to the capital market as an avenue…
CBN, Bankers’ Committee Suspend Lay-offs in Banks
Emefiele A special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry. The Committee…
Nigeria Without Oil: Recession Looms …As COVID-19 Takes Toil On Economy
Okeke By Ngozi Onyeakusi-- The Chief Executive Officer of Mascot Consult Limited, Mr. Marcel Okeke, has stated that one of the blessings in disguise of the current negative impact of…
Access Bank alerts Customers as fraud rises during Covid 19 crisis
Wigwe By Ngozi Onyeakusi-- Nigeria’s leading retail Bank, Access Bank PLC, has implored its customers to be vigilant in these uncertain times as incidents of fraud are on the rise.…
Zenith Bank Posts N166 bn Gross Earnings In 2020 Q1
By Ngozi Onyeakusi -- Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross earnings rising by 6% from billion in March…
CBN Resumes Dollar Sales For SMEs, School Fees
By Ngozi Onyeakusi-- In view of the gradual easing of the COVID-19 lockdown both globally and in Nigeria, the Central Bank of Nigeria (CBN) has resumed provision of foreign exchange…