Archives for MONEY MARKET - Page 197
Fidelity Bank Fetes Customers At Lagos Trade Fair
By Ngozi Onyeakusi -- Fidelity Bank has rewarded its loyal customers with cash prices at the Lagos International Trade Fair Four school children benefitted from the SWEETA loyalty…
Infrastructure Revamp: FG Earmarks $1.5Bn Lagos-Ibadan Express Way, Abuja-Kano Road, Others To Benefit
By Ngozi Onyeakusi -- The Minister of Information and Culture, Alhaji Lai Mohammed, has disclosed that the Federal Government had earmarked $ billion to fund five critical…
Dismissed banker raids ATM gallery, steals N14m
A dismissed banker, Emmanuel Onuma, has been arrested by the police for breaking into the Automated Teller Machine gallery of his erstwhile employer and stealing N14m. The 34-year-old…
AMCON’s Proposed Amendment Bill Almost Ready – House of Reps
R-L: Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri; Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr.…
Rice Importation Into Nigeria Reduces Drastically — CBN
By Ngozi Onyeakusi -- Central Bank of Nigeria (CBN) has disclosed that volume of rice importation into Nigeria (in metric tonnes) has reduced drastically in 2018. Similarly,…
TSA N16b Cost: Govt. W’ll No Longer Bear Service Charge — AGF
By Ngozi Onyeakusi --- The Accountant-General of the Federation (AGF) Ahmed Idris has disclosed that Nigeria Government has spent N16 billion on Treasury Single Account (TSA) transaction costs…
Oil Export Revenue Dips By N403bn, says CBN
By NGOZI Onyeakusi --- Central Bank of Nigeria has disclosed that Nigeria generated from crude oil and gas export in the first half of 2018. Representing a…
Access Bank Partners Transfast for Instant Money Transfer
By Ngozi Onyeakusi ---Transfast, a leading provider of cross-border payments and remittance solutions, has partnered with Access Bank to facilitate inflow of remittance to bank accounts &…
CBN Unveils Payment Service Bank Guidelines
By Ngozi Onyeakusi The Central Bank of Nigeria (CBN) has unveiled operational guidelines for Payment Service Banks (PSBs). This is as part of measures to…
Non-Performing Loans: Big Concern, Loss To Banking Sector
The increase in level of Non-Performing Loans (NPLs) assets in the Nigeria banking sector had continue to be a source of worry and a big loss to…