Archives for MONEY MARKET - Page 2
Fidelity Bank grows Profit by 131.5% in 2023
-Declares a final dividend of 60kobo per share Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi--- Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited…
Kristalina Georgieva Selected To Serve Second Term As IMF Managing Director
Kristalina Georgieva By Ngozi Onyeakusi---The Executive Board of the International Monetary Fund (IMF) said it has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term…
Ecobank MySME Growth Series: Proper Packaging, Basic Certification, Critical for SME Exports
Ngozi Onyeakusi---Small and medium enterprises (SMEs) in Nigeria have great potentials and opportunities to earn foreign exchange (forex) if their products are well branded and packaged to meet international…
Women Network Group, ANWBN Commends Unity Bank’s Support as 5,000 Members Benefit from Yanga Product
Unity bank logo By Ngozi Onyeakusi---As part of activities to mark the 2024 International Women’s Day, Unity Bank Plc and the Association of Nigerian Women Business Network, ANWBN, have partnered…
Banks are in good stead to meet CBN’s recapitalisation target – ACAMB
By Ngozi Onyeakusi---The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central…
Access Holdings Announces US$1.5 Billion Capital Raising Programme
Targets N365 billion by way of Rights Issue By Ngozi Onyeakusi---Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme…
Access Holdings Grows PBT by 335%, Earnings to N2.59 Trillion
Access Holdings Plc has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the Group recorded a robust growth…
Interest rate rises to 24.75%
The Monetary Policy Committee (MPC), after its meeting in Abuja, announced a significant hike in the benchmark interest rate. The decision, accompanied by adjustments to reserve requirements for banks, aims…
Tony Elumelu Foundation Set to Announce 2024 Cohort of Flagship EntrepreneurshipÂ
Elumelu By Ngozi Onyeakusi---The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, will announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme.…
Access Bank, KCB Group Sign Binding Offer on Acquisition of National Bank of KenyaÂ
By Ngozi Onyeakusi---Access Bank PLC and KCB Group PLC (KCB) have signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited (NBK) from KCB. The…