Archives for MONEY MARKET - Page 199
Heritage Bank Partners NIMASA on global maritime safety standards
L-R: Abiodun Sangotade, Senior Advisor, Private Banking, Private Wealth Mgt, Heritage Bank Plc; Funmilayo Lukman, Advisor, Private Banking, Private Wealth Mgt; Eng. Fredrick Ugo, Head, Health Safety &…
Senate Asks CBN To Suspend ATM Charges, Summons Emefiele
The Senate has urged the Central Bank of Nigeria(CBN), to suspend the Automated Teller Machine(ATM) card maintenance charges pending outcome of investigation into alleged sharp practices by…
External Reserves dips By $1bn In 13 Days
* Emefiele* The nation’s foreign exchange reserves have dropped to a seven-month low, losing $ in the 13 days to Monday, latest data from the Central…
Why We Maintain Stable Exchange Rate – Emefiele
* Emefiele* By Ngozi Onyeakusi The monetary authorities has resolved to maintain a stable exchange rate for the nation’s currency rather than building the foreign reserves…
External Reserves Depletion: IMF urges Nigeria To Increase Non-Oil Revenue
* Emefiele* Following decline in nation’s external reserves, the International Monetary Fund has urged Nigeria to explore ways of increasing revenue outside its traditional base of oil…
IMF Laments Nigeria’s Poor Economic Performance
By Ngozi Onyeakusi Slow economic development pace of Nigeria, South Africa and Angola has continue to drag down growth prospects in Africa This is the submission of…
Tony Elumelu Foundation, GIZ, To Empower Young Entrepreneurs In East, West Africa
By Ngozi Onyeakusi The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for…
Nigerian Airlines: AMCON Boss Calls For Stiffer Regulation
By Ngozi Onyeakusi The need to properly regulate the aviation industry in the country has again been identified as panache for growth and stability of airline business…
Forex: Wholesale segment, others get $210m boost
By Ngozi Onyeakusi Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million from the Central Bank of Nigeria (CBN)…
2018 Budget: Nigeria To Borrow $2.86b From International Capital Market
President Muhammadu Buhari has seek Senate’s approval for a fresh $2,868,540,000 external loan. In a letter addressed to the Senate President, Bukola Saraki, Buhari explained that the loan…