Archives for MONEY MARKET - Page 199
CBN Clarifies Operation of Domiciliary Accounts
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen in…
NDIC liquidates 425 banks, others
By Ngozi Onyeakusi -- The Nigeria Deposit Insurance Corporation, NDIC, has disclosed that it has as at December 2019, it had liquidated 425 financial institutions. The Liquidation took place between…
Forex Intervention: CBN injects $292.34m, CNY 22.8m into Retail SMIS
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $ into…
Zenith Bank’s PAT Soars To N208.8 bn
By Ngozi Onyeakusi-- In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit after…
Infrastructural Gap: CBN, Bankers’ Committee to finance four roads
By Ngozi Onyeakusi -- In an bid to bridge infrastructural gap in the country, the Central Bank of Nigeria (CBN) in collaboration with the Bankers Committee, said it will work…
Fidelity Bank Trains Thousands Of Undergraduates Across Nigeria
Okonkwo By Ngozi Onyeakusi-- Fidelity Bank Plc. said it has trained over 3,000 undergraduates from various tertiary institutions on skills acquisition through its youth empowerment programme. The Group MD/CEO, Fidelity…
CBN restates call for self-sufficiency … partners FCTA to Boost Dairy Industry in FCT
By Ngozi Onyeakusi--The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has restated the need for States in the country and the Federal Capital Territory (FCT) to be self-sustaining…
CBN to offer single-digit loan to rice farmers
CBN Governor, Emefiele By Ngozi Onyeakusi-- The Central Bank of Nigeria said it would offer single-digit loan to rice farmers in the Niger Delta area and provide index insurance for…
Aigboje Aig-Imoukhuede: Our own Global Citizen
Aig-Imoukhuede It is quite notable that in the midst of our national crisis, some eminent Nigerians are coming out of their comfort zones to lend a helping hand to underprivileged…
CBN Okays 6 Dairy Coys for Milk Importation
CBN Governor, Emefiele By Ngozi Onyeakusi-- In line with its objective to increase and improve the local production of milk, its derivatives and other dairy products in the country, the…
