Archives for MONEY MARKET - Page 209
Moghalu to Headline 4th Bankers’ Annual Lecture
Former Central Bank of Nigeria (CBN), Deputy Governor and 2019 Presidential aspirant of the Young Progressive Party (YPP), Professor Kingsley Chiedu Moghalu will be the Distinguished Guest Lecturer…
FG to raise $2.8bn from abroad – DMO
The Federal Government plans to raise $ of debt offshore as part of its 2018 budget and will explore all options to lower costs, the Director-General, Debt…
Currency Swap Deal Sensitization: CBN heads to Aba, Lagos N/Week
Following its release of regulations for transactions with authorised dealers in Renminbi, the Central Bank of Nigeria (CBN) wednesday commenced the sensitisation of exporters, regulators and other…
Heritage Bank partners NANTA to launch Nigeria Travel Practitioner Identification card
L-R: MD/CEO, Visa Travels & Tours Limited, Alhaji Aminu Agoha; Group Capt. Edem Oyo-Ita (Rtd.), Dir. Air Transport Regulation (DATR) representing the DG of NCAA, Capt. Muhtar Usman;…
CBN injects another $210m into Forex Market
*Emefiele The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange market. The CBN,…
AMCON recovers N731bn from bank debtors in seven years
The Asset Management Corporation of Nigeria said it recovered N731bn from bank debtors since its inception in 2010 to December 2017. Out of this amount, properties…
2018 Budget: FG To Borrow N1.6tn To Fund Deficit — Udoma
President Muhammadu Buhari flanked by the Vice President Prof Yemi Osinbajo Signs the 2018 Budget. Others are Chief of Staff, Mallam Abba Kyari, Chairman Senate Committee on…
Asset Sales: AMCON Restructures; Seeks Speedy Disposals Strategies
L-R: Mr. Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr. Aminu Ismail; Osy Chijioke Kamalu,…
Nigerian Banks Lose N12.30 Billion To Fraud In Four Years – NIBSS
Nigerian Inter-Bank Settlement System (NIBSS), on Thursday said the banking industry lost the sum of billion to various frauds between 2014 and 2017. Mr Adebisi Shonubi,…
Increased Domestic, Foreign Borrowings Push Public Debt To N22.7trn in Q1
Increased domestic borrowing by state governments as well as rising foreign borrowing by the federal government have pushed Nigeria’s public debt by percent to trillion in the first quarter…