Archives for MONEY MARKET - Page 183
#ENDSARS: CBN gets go-ahead to freeze 20 accounts
A Federal High Court in Abuja has granted request of the Central Bank of Nigeria (CBN) to freeze accounts of some 19 individuals and a firm linked with the #EndSARS…
Ecobank names “best retail bank in Nigeria 2020” – Asian Banker
Ecobank Nigeria has been named the Best Retail Bank in Nigeria by Asian Banker. This was announced at its Middle East and Africa Regional 2020 Awards virtual ceremony on Thursday.…
Speech By President MAN, Engr Mansur Amed At FICAN Workshop In Lagos
MAN President, Engr Amed Brief by the President, MAN, Engr Mansur Ahmed Brief on Pharmaceutical Industry to the Media Preamble The Pharmaceutical Industry is a sub-sector under the enlarged Chemical…
Rising debt: CBN Expresses Concern … Says It Impedes Growth
Emefiele The Central Bank of Nigeria has expressed concern over the rising cost of debt service being incurred by the Federal Government. The CBN, in its half-year 2020 economic report,…
FG signs N105bn Afam power sale agreement today
Buhari The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today). It was gathered on…
Fidelity Bank Posts Impressive 9 Months Results As Profits Hit 21.3bn. ·
Okonkwo Fidelity Bank Plc has posted Profit Before Tax (PBT) of billion and Profits After Tax (PAT) of billion in the third quarter of 2020. Details of the results show…
Foreign exchange conversion worry beneficiaries of N100bn healthcare intervention fund
Ohuabunwa After accessing the Central Bank of Nigeria's (CBN) Health Sector Support Facility, operators in the Pharmaceutical industry who are beneficiaries are having problem converting the borrowed intervention fund into…
Fidelity CEO Reaffirms Commitment To Sound Ethical Business Practices
Okonkwo, Fidelity Bank CEO Fidelity Bank CEO, Mr. Nnamdi Okonkwo has restated the bank’s commitment to the highest standards of ethical and professional conduct in its dealings with customers and…
CBN Approves Guidelines for N75b Youth Investment Fund
Emefiele The Central Bank of Nigeria (CBN) has approved rules for implementation and disbursement of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). In a guidelines for the fund’s…
Switch launches free payments service for Nigerians abroad
In a bid to revolutionise international banking and allied services for Nigerians in the Diaspora, Leading commercial bank, Sterling Bank PLC, has launched a new solution called Switch. Sterling Bank's…
