Archives for MONEY MARKET - Page 186
CBN Reduces MPR To 13.5%, Retains Others
The Central Bank of Nigeria (CBN) on Tuesday reduced its Monetary Policy Rate (MPR) from per cent to percent. The Governor of the apex bank, Mr.…
UBA Hinges Future Performance on Cost Efficiency, Improved Asset Quality
By Ngozi Onyeakusi --- Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset…
CBN To Maintain Tight Monetary Policy, Estimates 12 per cent Inflation
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has projected that the current monetary policy stance of the bank is expected to continue while inflation…
Heritage Bank tasks HB LAB start-ups on Nigeria becoming Africa ICT destination hub
L-R: Chief Audit Executive, Prince Akamadu; Divisional Head, Innovative Partnership, Ikenna Imo; Chief Compliance Officer, Wunmi Adeniji; Executive Director, Jude Monye; Head, South-South and South-East Directorate, Osepiribo Ben-Willie;…
UBA’s Earnings Soar To N494bn
By Ngozi Onyeakusi --United Bank for Africa Plc’s has recorded gross earnings to the tune N494bn at the end of 2018 financial period. This represents a per…
Nigeria Records $2.8m Balance Of Payment Surplus
The Central Bank of Nigeria (CBN) says Nigeria’s provisional balance of payment, which was in deficit in the third quarter of 2018, gained a surplus of $ in…
Shipping Position: 16 Ships Carrying Various Products Expected At Lagos Ports
Sixteen ships conveying petroleum products and food items, are expected to berth at the Apapa and Tin Can Island Ports, the Nigerian Ports Authority (NPA) said on…
SMEs: FCMB SheVentures To Provides Support
First City Monument Bank Plc has assured that it's value-added initiative called SheVentures for women-owned Small and Medium Scale Enterprises will provide enhanced support to budding entrepreneurs…
2018 Budget: FG Spends N7.3tn – CBN
The Central Bank of Nigeria (CBN) has disclosed that the Federal Government spent about on the implementation of the 2018 budget between January and December. The amount was…
FMO arranges USD 162.5 million syndicated loan to Access Bank Plc
Access Bank Plc has announced that it has signed a Subordinated Syndicated Loan Agreement totaling USD million. The facility has been arranged by FMO, the Dutch development…