Archives for MONEY MARKET - Page 194
CBN, Bankers’ Committee Suspend Lay-offs in Banks
Emefiele A special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry. The Committee…
Nigeria Without Oil: Recession Looms …As COVID-19 Takes Toil On Economy
Okeke By Ngozi Onyeakusi-- The Chief Executive Officer of Mascot Consult Limited, Mr. Marcel Okeke, has stated that one of the blessings in disguise of the current negative impact of…
Access Bank alerts Customers as fraud rises during Covid 19 crisis
Wigwe By Ngozi Onyeakusi-- Nigeria’s leading retail Bank, Access Bank PLC, has implored its customers to be vigilant in these uncertain times as incidents of fraud are on the rise.…
Zenith Bank Posts N166 bn Gross Earnings In 2020 Q1
By Ngozi Onyeakusi -- Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross earnings rising by 6% from billion in March…
CBN Resumes Dollar Sales For SMEs, School Fees
By Ngozi Onyeakusi-- In view of the gradual easing of the COVID-19 lockdown both globally and in Nigeria, the Central Bank of Nigeria (CBN) has resumed provision of foreign exchange…
IMF may approve Nigeria’s $3.4bn loan today
There are indications that the Executive Board of the International Monetary Fund may approve the $ loan sought by Nigeria on Tuesday (today). Although the Minister of Finance, Budget and…
COVID-19: Ecobank Nigeria Donates Food items to state governments
By Ngozi Onyeakusi-- Ecobank Nigeria has donated food items to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown…
Heritage Bank joins WHO to advocate elimination of malaria endemic by 2030
Sekibo By Ngozi Onyeakusi-- Heritage Bank Plc has joined the world to commemorate the 2020 World Malaria Day, amid fears that paying much emphasis on the novel Coronavirus Pandemic could…
Unegbu Urges Banks to Support Customers Survive Post COVID-19 Shock
Unaegbu By Ngozi Onyeakusi --The Managing Director of Maxifund Securities Limited, Mazi Okechukwu Unegbu, has advised Nigerian banks to grant their debtors who had suffered huge losses in the aftermath…
CBN staff avert fire in Jos branch
What would have been another major fire disaster in the country was today averted by the staff of the Central Bank of NIgeria (CBN) Jos Branch. In a statement signed…
