Archives for MONEY MARKET - Page 2
CBN: 16 banks scale recapitalisation hurdle
The Central Bank of Nigeria (CBN), has said that 16 banks have successfully scaled through the recapitalisation hurdle, meeting the revised capital requirements set under its ongoing banking sector reforms.…
CBN Retains MPR at 27%
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN), Tuesday, resolved to keep the Monetary Policy Rate (MPR), the benchmark interest rate, unchanged at 27 per…
States pile up N1.06tn debt despite record allocations
States across the country owe contractors and retirees a combined in outstanding obligations despite receiving record revenue inflows in 2024, according to new data from BudgIT’s 2025 State of…
ZENITH BANK TECH FAIR 5.0 SPOTLIGHTS INNOVATION, AWARDS ₦140 MILLION CASH PRIZE TO HACKATHON WINNERS
BY NGOZI ONYEAKUSI A total cash prize of ₦140 million has been awarded to ten (10) African innovators to scale their transformative solutions after a keenly contested hackathon and pitch…
Union Bank Unveils “Save & Gain” Campaign to Reward Smart Savers
BY NGOZI ONYEAKUSI Union Bank of Nigeria, one of Nigeria’s most trusted financial institutions, is excited to announce the launch of its new customer reward initiative designed to deepen engagement,…
Keynote Address by Deputy Governor, CBN, Ms. Emem Usoro at Seminar for Finance Correspondents and Business Editors
Protocol 1. It is my great honor to deliver the key note address at this important seminar for Finance Correspondents and Business Editors. The CBN values platforms like…
FirstBank Hosts SMEConnect Webinar To Empower Small, Medium Enterprises
Olusegun AlebiosuMD/CEO FirstBank FirstBank, West Africa’s premier financial institution and financial inclusion services provider, is pleased to announce its upcoming SMEConnect Webinar scheduled to hold on Wednesday, 26 November 2025.…
Tax reforms key to strengthening Nigeria’s finances – FIRS chairman
President Bola Tinubu’s bold tax reform initiatives are central to Nigeria’s strategy for economic resilience, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji has said.…
Fidelity Bank Posts ₦748.7 bn Gross Earnings In H1 2025
BY NGOZI ONYEAKUSI Fidelity Bank Plc has announced its audited financial results for the half-year ended 30 June 2025, demonstrating resilience and sustained growth across key performance indicators. Highlights of…
Vybing, Connected and Happy Customers — Echoes of FirstBank’s DecemberIssaVybe
By Bolaji Israel American branding consultant and CEO of Brandstream, Scott Bedbury, said, “In today’s experience-driven marketplace, the brands that endure are those that move beyond products and services to connect…
