Archives for MONEY MARKET - Page 189
FG signs N105bn Afam power sale agreement todayÂ
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…
Breaking: Okonjo-Iweala emerges first female DG of WTO
Great joy to Nigeria once again as the former finance minister and a former managing director of the World Bank, Dr Ngozi Okonjo-Iweala, has emerged as the first female Director-General…
BUSINESS LAW NEEDS TO ENCOURAGE ETHICAL BEHAVIOUR TO HELP BUILD BETTER COVID-19 RECOVERY
The laws that govern business will increasingly have to enable and highlight trustworthy activity in order to support a sustainable economic recovery from the global pandemic, according to a report…
IMF raises alarm as Nigeria debt-GDP ratio maintains upward trend
By Ngozi Onyeakusi ___Sub-saharan Africa faces a huge challenge, made worse by the coronavirus pandemic, to find nearly $900 billion to repay massive debt and fund essential public spending, the…
NDIC Hosts International Virtual Conference
The Nigeria Deposit Insurance Corporation, NDIC, has taken the front seat in the international finance community to drive public discourse on the impact, risks, challenges and opportunities of Financial Technology…
