Archives for MONEY MARKET - Page 188
FAAC allocates N610bn as government revenue drops by N42bn
The gross revenue that accrued into the federation account dropped by billion from recorded in December last year to billion in January. This was disclosed shortly after…
ACCI Decrys Over $5bn Lost To Poor Commercial Dispute Handling
ACCI Decrys Over $5bn Lost To Poor Commercial Dispute Handling The President, Abuja Chamber of Commerce and Industry, Adetokunbo Ademola, has said that Nigeria has lost over…
AVM Omenyi bags seven years imprisonment for receiving N136m bribe
The Federal High Court, Abuja on Thursday sentenced retired Air Vice Marshal Tony Omenyi to seven years in prison for receiving N136 million bribes from the Nigerian…
Forex: CBN Boosts Market with $210
The Central Bank of Nigeria (CBN) has injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, February 26,…
Net Foreign Exchange Inflow Foreign exchange flows Dips To $8.44
Foreign Exchange flows through the economy resulted in a net inflow of $ at the last quarter of 2018, compared with $$ in the corresponding period…
Banks Non-Performing Loans Hits N8.1 tn
The banking sector recorded a total amount of as non-performing loans in the 2018 fiscal period. The figure is contained in the banking sector report obtained by…
Afreximbank Appoints Maureen Mba Director For Compliance
The African Export-Import Bank (Afreximbank) has appointed Maureen Mba as Director. Until her appointment, Ms. Mba was Associate Director in charge of the Compliance Unit, as it…
Naira Stability: CBN Inject $39.9bn Into Market In 2018
Between January and December last year, the Central Bank of Nigeria injected about $ to defend the nation’s currency in the foreign exchange market. The analysis of…
Atiku Defeats Buhari Inside Aso Rock
Vanguard) – Presidential candidate of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar, garnered more votes than President Muhammadu Buhari at one of the polling units inside…
Youth Council Honours Ahmed Kuru, AMCON MD
L-R: Comrade Sagir Adam, Chairman Award Committee, Sir Ahmadu Bello Youth Council of Nigeria (ABYCN), presenting the council’s Honorary Medal and framed Certificate of Mr. Ahmed Lawan Kuru,…