Archives for MONEY MARKET - Page 182
Inflation Peaks At 11.37% In April 2019—NBS
National Bureau of Statistics (NBS) has disclosed that Consumer price index, (CPI) which measures general rise in prices of goods and services has risen to per cent…
17 of 36 Nigerian states Financially Down
The Economic Confidential Annual States Viability Index (ASVI) shown that 17 States of 36 states in Nigeria are insolvent as their Internally Generated Revenues (IGR) in 2018…
LETF, USADF Seal $10m Pack To Support 15,000 YOUTH In Lagos
By Ngozi Onyeakusi--In line with its mandate to provide employment and entrepreneurship opportunities for Lagos residents, the Lagos State Employment Trust Fund (LSETF), on Tuesday, May 7, 2019 signed…
AfDB, Fidelity Bank to fund MSMEs with $50m
The African Development Bank and Fidelity Bank Plc have signed a $50m financing agreement aimed at the funding and promoting the growth of Micro, Small and Medium…
CBN Boosts Forex Market With $205 Million
By Ngozi Onyeakusi--The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the sales…
Access Bank To Rewards Over 1000 DIAMONDXTRA Customers
By Ngozi Onyeakusi--- Access bank will this month reward more than 1000 DiamondXtra customers in its first DiamondXtra quarterly draw. According to Victor Etuokwu, Executive Director,…
Tony Elumelu Foundation to Host the Largest Gathering of African Entrepreneurs at 5th Annual Entrepreneurship Forum, July in Abuja
• Presidents of Rwanda and Senegal to Join Over 5,000 African Entrepreneurs The Tony Elumelu Foundation (TEF), Africa’s foremost champion of entrepreneurship, will host its 5th Annual Forum —…
Trump vows tariff hike on Chinese goods, escalating tension in trade talks
President Donald Trump dramatically increased pressure on China on Sunday to reach a trade deal, saying he would hike tariffs on $200 billion worth of Chinese goods…
Union Bank Posts N5.4bn Profit In 2019 Q1
By Ngozi Onyeakusi--- Union Bank Plc., one of Nigeria’s longest standing and most respected financial institutions, has announced a Profit Before tax of ₦ for its unaudited…
UBA in partnership with Mastercard Reward Customers with All-Expense Paid Trip to UEFA Champions League Semi’s & Finals
By Ngozi Onyeakusi--- Leading Pan-African Bank, United Bank for Africa (UBA) PLC in partnership with leading global payments and technology company, Mastercard, have announced they…