Archives for MONEY MARKET - Page 184
DMO Proposes N1.648 Trillion Borrowing Plan For 2019
The Debt Management Office (DMO), On Thursday released a proposed borrowing plan of N trillion for 2019 financial year, subject to the approval of the National Assmebly.…
NDIC recovers N29bn from liquidated banks
The Nigeria Deposit Insurance Corporation says it has so far recovered N29bn from debtors of liquidated deposit money banks, microfinance banks and primary mortgage banks in the…
Nigeria’s debt Records N24.39tn, Grows by N2.66tn in one year
Nigeria’s total debt profile as of December 31, 2018, now stands at The figure swelled by per cent from in 2017 to in 2018. The debt…
ECOWAS To Witness Growth By to 2020—AfDB
Economic Community of West Africa States can benefit immensely from many opportunities such as diversification, infrastructure development, and linking production to global value chains. The Africa…
Bankers’ Committee Supports Exporters With N200b Single Digit Loan
Commercial Banks said they are supporting different stages in the value-chains in export businesses in the country with N200 billion. This was disclosed to journalists at a news…
Fidelity Bank Announces 60 millionaires under GAIM Season 3
Fidelity Bank Plc this has announced that it has produced a total of 60 millionaires under the ongoing Get Alert in Millions Savings (GAIM) Season 3 promo…
IMF Backs Tight Monetary Policy Of CBN
International Monetary Fund has said that the Central Bank of Nigeria tight monetary policy stance is appropriate for the Nigerian economy at this time. The Directors of…
Union Bank Named ‘2019 Advertiser of the Year’
Union Bank has been named ‘Advertiser of the Year’ by CHINI Africa, Cannes Lions Official Festival representative in Nigeria and organisers of the annual Creativity Week.…
FIRS Set To Rake In N750bn From 55,000 Million Defaulters
The Federal Inland Revenue Service has disclosed plans of raking in about N750bn from about 55,000 millionaire tax defaulters. The FIRS Executive Chairman, Mr Tunde Fowler, said…
Union Bank PBT Grows By 33% To ₦18.5bn
Union Bank of Nigeria announces its audited financial statements for the year ended 31st December 2018. Following the successful execution of our debut local currency…