Archives for MONEY MARKET - Page 157
‘Why CBN may hike interest rate’
As members of Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) begin their two-day meeting today, market pundits at Cordros Group said the apex bank might hike the benchmark…
Banks USSD debts to telcos records N47 billion
Bank By Ngozi Onyeakusi--- The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service Data (USSD) have risen from N42 billion to…
Nigerian economy still weak as GDP grows by 0.51% in 2021 Q1… Experts
The National Bureau of Statistics has disclosed that the Nigeria's Gross Domestic Product grew by per cent in Q1 2021, compared to the per cent growth rate recorded in Q1…
FirstBank Bags 2021 Retail Banking CEO of the Year Award
By Ngozi Onyeakusi--- First Bank of Nigeria Ltd., has been awarded the 2021 ‘Retail Banking CEO of the Year Nigeria’; ‘Most innovative Retail Banking App Nigeria’ and ‘’Best CSR Bank…
World Bank rejects call for debt cancellation for Africa
The World Bank Group yesterday rejected request by African heads of state for cancellation of their countries’ debts, saying the world has moved past that line of action. World Bank…
Govt revenue from drink makers rises to N23bn – NBS
The Company Income Tax paid by breweries, bottling and beverages companies rose by per cent in the first quarter of the year, a report by the National Bureau of Statistics…
Youth Entrepreneurs The Key To Economic Revival ~ACCI
By Ngozi Onyeakusi------The president, Abuja Chamber of Commerce and Industry (ACCI), Al-Mujtaba Abubakar has affirmed that for Nigeria to grow sustainably, the potential of youth entrepreneurs should be tapped by…
Ecobank Collaborates Lagos State Employment Trust Fund to support MSMEs
Ecobank Nigeria and the Lagos State Employment Trust Fund (LSETF) have reached a strategic collaboration to reduce unemployment in the state through the promotion of entrepreneurship and capacity development for…
Nigeria, others to receive fresh $150b from World Bank
President Buhari The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years. Speaking at the Summit on Financing African Economies on…
FG recovers $1bn through beneficial ownership data
The Federal Government yesterday disclosed that 70 per cent of corruption cases are perpetrated by persons who use anonymous companies and that over $1 billion has been recovered by governments…
