Archives for MONEY MARKET - Page 208
Heritage Bank Supports Business Investment in Africa Freestyle Football Championship
Lagos, Nigeria, 23 July 2018: Heritage Bank Plc, Nigeria’s most innovative banking service provider, has signed a partnership agreement with Feet ‘N’ Tricks International Limited to make the…
Nigeria, others to benefit from AFREXIM Bank’s $25bn grant
African Export-Import Bank, (AFREXIM) has disclosed plans to to support Nigeria and some other African countries with $25bn within the next three years. The President, AFREXIM, Dr Benedict…
Reactions As JAMB Remits N7.8B Surplus
The Joint Admissions and Matriculation Board (JAMB) has remitted yet Billion into the Federation Account . The Head, Media and Information, Dr. Fabian Benjamin, who disclosed this,…
Forex: CBN flags off SMIS in Chinese Yuan
The Central Bank of Nigeria (CBN) on Friday, July 20, 2018, flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of…
Heritage Bank, CIBN promote robust engagement for bankers, customers
Heritage Bank Plc, Nigeria’s most innovative banking services provider, has again demonstrated its commitment to the growth and progress of the banking profession by partnering with the…
UBA Emerges Best in Digital Banking
United Bank for Africa Plc has emerged Africa’s best bank in the digital category of the Euromoney Awards in London. The award, according to the lender further gave…
N90bn Revenue Underpayment: FAAC Set for probe
The Federation Account Allocation Committee has affirmed commitment to probe the N90bn allegedly underpaid into the Federation Account by the Federal Inland Revenue Service. Disclosing this to journalists…
Access Bank Emerges three time Consecutive Winner of Karlsruhe Sustainable Finance Award
Access Bank Plc. has again received top honours at the 2018 Karlsruhe Sustainable Finance Awards in Germany, emerging as the winner across 2 categories. This recognition comes…
Nigerian small businesses lack the finance needed to meet their international ambitions • 86% of the Nigerian small businesses surveyed participated in international trade, compared to a global average of 77% • However more than half (55%) called for better access to export finance
Given the right opportunities Nigerian small businesses are very likely to participate in international trade, but are struggling to access the necessary finance, according to new research. Growing…
Banking sector stability key to economic recovery ―MPC
The Monetary Policy Committee of the Central Bank of Nigeria has said the stability of the banking sector is key to economic recovery. In a communiqué of…