Archives for MONEY MARKET - Page 155
Access Bank named among top 500 global banking brands
Wigwe By Ngozi Onyeakusi-- Nigeria’s largest retail Bank, Access Bank Plc., has been named as one of the top 500 global banking brands, according to leading business valuation and strategy…
DEFUNCT GULF BANK: NDIC WINS N1.4BN DEBT RECOVERY CASE AGAINST DEBTOR
Umaru In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria Limited and three other debtors who owed the defunct Gulf…
AMCON Takes Over Top Politician, Buba Galadima’s Private Abuja Residence, Company
By Ngozi Onyeakusi-- A Federal High Court sitting in Abuja, Nigeria’s Federal Capital Territory in Suits No. FHC/ABJ/CS/1136/2019 has ordered Asset Management Corporation of Nigeria (AMCON) to take over the…
CBN Clarifies Operation of Domiciliary Accounts
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen in…
NDIC liquidates 425 banks, others
By Ngozi Onyeakusi -- The Nigeria Deposit Insurance Corporation, NDIC, has disclosed that it has as at December 2019, it had liquidated 425 financial institutions. The Liquidation took place between…
Forex Intervention: CBN injects $292.34m, CNY 22.8m into Retail SMIS
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $ into…
Zenith Bank’s PAT Soars To N208.8 bn
By Ngozi Onyeakusi-- In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after…
Infrastructural Gap: CBN, Bankers’ Committee to finance four roads
By Ngozi Onyeakusi -- In an bid to bridge infrastructural gap in the country, the Central Bank of Nigeria (CBN) in collaboration with the Bankers Committee, said it will work…
Fidelity Bank Trains Thousands Of Undergraduates Across Nigeria
Okonkwo By Ngozi Onyeakusi-- Fidelity Bank Plc. said it has trained over 3,000 undergraduates from various tertiary institutions on skills acquisition through its youth empowerment programme. The Group MD/CEO, Fidelity…
CBN restates call for self-sufficiency … partners FCTA to Boost Dairy Industry in FCT
By Ngozi Onyeakusi--The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has restated the need for States in the country and the Federal Capital Territory (FCT) to be self-sustaining…