Archives for MONEY MARKET - Page 201
Heritage Bank backs global movement for affordable solar electricity in Lagos
By Ngozi Onyeakusi PIX 1- L-R: Student of University of Nottingham and Project Coordinator, Liter of Light Nigeria, Mr. Bolaji Onalaja; Osorun of Onisiwo of Itomaro Land, High…
Compliance: AMCON, CBN Receive NSITF Award
From Ngozi Onyeakusi, Lagos The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru (ALK) at the weekend officially received the award plaque,…
World Bank Revises Africa’s Growth Forecast To 2.7%
The World Bank has revised its growth forecast for sub-Saharan Africa in 2018 from percent to percent, indicating a slight increase from percent in 2017. The Breton Woods…
CBN, DMBs Move To Stop Abuse of Naira … Set Up Mobile Courts … Offenders To Bag Six Months Jail, N50,000 Fine
L-R: CEO, Union Bank Plc., Emeka Emuwa; Director, Banking Supervision CBN, Amed Abdullahi; CEO, FSDH Merchant Bank, Hamda Ambah; CEO Access Bank Plc., Herbert Wigwe during a press…
We are committed to developing fixed income market’-FMDQ
By Ngozi Onyeakusi, Lagos FMDQ OTC Securities Exchange has reiterated commitment to the development of fixed income securities market in the country, Associate Executive Director, FMDQ, Tumi Sekoni…
CBN Committed To Supporting Small Businesses – Emefiele
I The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said the apex bank was duly committed in positioning the economy on the path of…
Tax Evasion: Famous Actress Fined By Chinese Government
By Ngozi Onyeakusi One of popular Chinese actresses, Fan Bingbing, on Wednesday fined millions of yuan for tax evasion by country’s tax authorities. The amount imposed…
Forex: CBN Boosts Market with $210
By Ngozi Onyeakusi, Lagos The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from…
Spain Confirms Jail Sentence On Former IMF Chief, Rodrigo Rato
By Ngozi Onyeakusi Spain’s Supreme Court on Wednesday confirmed former IMF chief Rodrigo Rato’s jail sentence of four years and six months for misusing company credit cards when he…
Nigeria’s External Reserves Dips by $1.45bn In One Month
From Ngozi Onyeakusi The Central Bank of Nigeria (CBN) has disclosed that Nigeria's foreign exchange reserves has dropped by $ in September. The external reserves, which stood…