Archives for MONEY MARKET - Page 190
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,…
Banking Sector Offers Total Of N15.1 tri To Private Sector in 2018 Q4 — NBS
The National Bureau of Statistics (NBS) said that the total value of credit allocated by the banking sector to the private sector stood at trillion as at…
Heritage Bank debuts ‘HB LAB’ tech start-ups to boost economic growth …As winner gets $25, 000 grant, other benefits
Heritage Bank Plc, Nigeria’s most innovative banking service provider, adopts a focused approach that removes barriers and galvanizes the critical sector of the economy around a…
Forex: CBN buoys market with $210m
The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply…