Archives for MONEY MARKET - Page 182
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…
NDIC RATED BEST PARASTAL UNDER LEADERSHIP OF OUTGOING MD/CE UMARU IBRAHIM
Outgoing MD/CE NDIC Umaru Ibrahim (left) receiving a commemorative plaque from the the President of the Alumni Association of the National Institute (AANI) former Inspector General of Police (rtd) M.…
