Archives for MONEY MARKET - Page 192
Zenith Bank emerges best bank in Nigeria
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The awards, which…
CBN Revises for Dispense Errors, Refund Complaints
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN), in its determination to further enhance service quality, particularly quick refunds when customers experience failed transactions, dispense errors or disputes, has…
Unity Bank announces 2020 One Minute Genius Competition for children
Unity Bank Plc has announced the official commencement of its One Minute Genius (OMG) contest for the year OMG is an educational gameshow to engage students as part of activities…
Budget 2020: FG in fresh bid to borrow N5.51trn
Buhari •Increases debt servicing from to N3trn •Senate to give accelerated approval next Tuesday •Labour, CSOs, experts worry over rising debt profile, servicing •Want govt to stop borrowing to finance…
CBN MPC reduce MPR to 12.5%, retains CRR at 27.5%
By Ngozi Onyeakusi--The Monetary Policy Committee (MPC) of the Central of Bank of Nigeria has reduced the Monetary Policy Rate to per cent from per cent. It however retained the…
ACCA joins International Chamber of Commerce’s (ICC) global call to action to save small-to-medium-sized businesses
ACCA (the Association of Chartered Certified Accountants) has signed a Memorandum of Understanding (MOU) with the International Chamber of Commerce (ICC) United Kingdom. The MOU sees ACCA joining forces with…
Public Holidays: CBN reschedules MPC meeting
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN) has rescheduled it’s Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28. The…
Sterling Bank grows shareholders’ fund by 22%, gets commendation
Sulaiman By Ngozi Onyeakusi-- Shareholders of Sterling Bank Plc, Nigeria's leading commercial bank have commended its financial performance and dividend payout for the financial year ended December 31, 2019. They…
Post-COVID-19 Economy: Emefiele Woos Conglomerates
By Ngozi Onyeakusi-- As Nigeria continues the process of full reopening of its economy due to the lockdown over the Corona Virus (COVID-19), the Governor, Central Bank of Nigeria (CBN),…
Heritage Bank to disburse CBN’s N100bn loan to health, sells FX to SMEs, education sectors
Sekibo By Ngozi Onyeakusi-- As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion…
