Archives for MONEY MARKET - Page 189
CBN, NIPOST to kick off microfinance banking in seven locations
The Central Bank of Nigeria and the Nigerian Postal Service are set to kick off the establishment of a National Microfinance Bank with pilot projects…
CBN, EFCC meet to tackle economic crimes …..may bar culprits from opening bank accounts in Nigeria
Officials of the Central Bank of Nigeria (CBN) and their counterparts in the Economic and Financial Crimes Commission (EFCC) met on Thursday, March 7, 2019, with the…
Shareholders Approve Access Bank, Diamond Bank Merger
Access Bank Plc and Diamond Bank Plc has gotten approval of their esteem shareholders to merge. The financial institutions obtained this approval which was given by the shareholders…
CBN Bans Forex Sale For Textile Materials
The Central Bank of Nigeria has imposed restriction on access to foreign exchange on all textile material coming into Nigeria. CBN Governor Mr. Godwin Emefiele said this…
Nigeria’s Foreign Trade Volume Records N32.26trn In 2018 – NBS
The National Bureau of Statistics (NBS), said the country recorded a total trade value of trillion year-on-year in 2018, representing per cent increase over the corresponding period…
UBA Group Commences Full Operations in UK
L-R: CEO, UBA UK, Mr. Patrick Gutmann; GMD/CEO, UBA Plc, Mr. Kennedy Uzoka; President, Dangote Group, Alhaji Aliko Dangote; Group Chairman, UBA Plc, Mr. Tony O. Elumelu;…
Access, Diamond Banks Jointly Commemorate International Women’s Day
Africa’s leading financial institution, Access Bank Plc, continues to demonstrate unwavering commitment to women as it is set to mark the International Women’s Day, 2019 with Diamond…
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…