Archives for MONEY MARKET - Page 153
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…
FIRSTBANK IMPACTS FIRSTMONIE AGENTS WITH N100BN LOAN
Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that it has economically empowered its…
E-Banking Fraud: Unity Bank Unveils New Code on USSD Platform
Unity bank logo In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that…
“GREATER COLLABORATION WITH MEDIA CRITICAL TO ADDRESSING CHALLENGES IN REPORTAGE” – NDIC BOSS
L –R: NDIC Executive Director Operations, Mustapha M. Ibrahim, NGE General Secretary Iyobosa Uwugiaren, NDIC Executive Director Corporate Services Hon. Mrs. Omolola Abiola-Edewor, NGE Deputy President, Ali M. Ali and…
Unity Bank Grows 34% Pre-tax Profit, Records N23B Gross Earnings in H1 2021
Unity bank logo By Ngozi Onyeakusi---Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of billion Naira, which is a 3% increase compared with the corresponding…
