Archives for MONEY MARKET - Page 179
Food inflation rises 20.6% as price increases persist
Increases in the prices of basic food items continued for the 17th consecutive month, prompting the Food inflation to hit per cent in January, the highest since September…
N69.4bn debt: Jimoh Ibrahim loses bid to vacate order on seized property
Justice Rilwan Aikawa of the Federal High Court, Lagos on Tuesday declined to vacate an application by a businessman, Mr. Jimoh Ibrahim, seeking to reclaim his properties…
Nigeria’s inflation rises to 16.47% in Jan 2021
Nigeria’s headline inflation maintained its upward trajectory for the 17th consecutive month, as it rose by 71bps in January 2021 to y/y up from in December 2020. It…
Sterling Bank Partners Zipline on medical drone delivery
By Ngozi Onyeakusi------ Sterling Bank’s Health Technology Partner; Zipline has signed a service level agreement with Kaduna State Government for the implementation of drones in the health supply…
Ecobank Introduces Religious, Education Products, Holds Webinar
Ecobank Nigeria has concluded plans to host a webinar that would provide insightful information on how banks can effectively help educational institutions and faith based organisations through digital…
Fidelity Bank successfully issued the largest ticket Tier II Local Bonds in Nigeria
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi------Fidelity Bank Plc has successfully issued 10 years billion in fixed rate unsecured subordinated bond at a percent coupon rate due…
FIRSTMONIE WALLET GIVES YOUR VALENTINEÂ BOOST WITH BONUS DATA, AIRTIME
You’ve got Firstmonie Wallet on your phone? Did I hear you say then, count yourself lucky because your first daily recharge and data subscription between 13 – 15…
Economic Recovery: FG Hinges Hope On Finance Act
By Ngozi Onyeakusi------The federal government has expressed optimism that the implementation of the Finance Act, 2020 and Strategic Revenue Growth Initiative (SRGI) will stimulate the economic recovery…
Senate summons Emefiele, SEC DG over Cryptocurrency ban
The Senate on Thursday summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, and Director General of the Security and Exchange Commission, Lamido Yuguda, over the decision…
Court Dismisses Case Against CBN’s Directives on Bank Charges
By Ngozi Onyeakusi-------The Federal High Court sitting in Abeokuta, Ogun State Capital, has dismissed a suit instituted by a legal practitioner, Olumide Babalola, challenging the Central…
