Archives for MONEY MARKET - Page 178
Creative Industry gets new leaf of life with N5bn funds- Heritage Bank …As winner of Ynspyre Account online giveaway received N1m
L-R: MD/CEO, Heritage Bank Plc, Ifie Sekibo (5th from Left); CEO, Cream Platform, Damian Okoroafor; Musician and Ynspyre Account’s Ambassaor, Daniel Oyebanjo (D'banj); Winner of Ynspyre Account N1m online giveaway…
Moody’s Predicts Negative Outlook for Nigerian Banks, Others in 2021
By Ngozi Onyeakusi-- The outlook for Nigeria’s banking sector and for banks in Africa will remain negative into 2021 amid difficult operating conditions and sovereign pressures straining banks’ credit profiles,…
Banks’ non-performing loans dips by N42.4bn to record N1.17tn – NBS
By Ngozi Onyeakusi-- The National Bureau of Statistics (NBS) has disclosed that non-performing loans in the Nigerian banking sector fell by in three months. According to figures obtained from the…
NCOY: FirstBank, powering Next Generation of Nigerian Innovators, Entrepreneurs
What did (the various territories that were later to be amalgamated into) Nigeria look like in 1894? How about a hundred years later in 1994? And what could Nigeria look…
$1.5bn COVID-19 loan: World Bank insists on currency reform
The World Bank needs Nigeria to strengthen reforms of its currency, the naira, before it can approve a $ billion loan, its country director said yesterday. Nigeria needs the support…
Ecobank MD, Others highlight opportunities in Digital Financial Inclusion
By Ngozi Onyeakusi---- Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the biggest growth opportunities in digital financial inclusion lies in the ability to combine the mobile phone, cards…
AFRICA FINTECH FOUNDRY, ACCESS BANK HOST VIRTUAL FINTECH ROUNDTABLE
Africa’s leading digital innovation hub, Africa Fintech Foundry (AFF), is set to host the first virtual edition of its FinTech innovation Roundtable on December 11, 2020. Themed ‘Let’s Talk Tech…
Nigeria’s external trade soars to N8.4 trn in Q3 2020, import grew by 38%—NBS
By Ngozi Onyeakusi ---- National Bureau of Statistics (NBS) has disclosed that the Nigeria’s total foreign trade for the third quarter of 2020 grew by to stand at trillion compared…
LASG PARTNERS FIRSTBANK TO PROMOTE ACCESS TO AFFORDABLE HEALTHCARE
The Lagos State Health Management Agency (LASHMA), in its commitment to ensure that residents at the grassroots have access to affordable, effective and quality healthcare, has partnered with First Bank…
Fidelity Bank Excites Stock Market With Smooth Transition, Sustained Financial Performance
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank The stock market was in excitement on Wednesday with the smooth transition at Fidelity Bank Plc, when MD/CEO, Mr. Nnamdi Okonkwo gave account of his…
