Archives for MONEY MARKET - Page 212
Forex market gets $210 million lift
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. In…
2017 budget: FG releases N1.58tn for capital projects
The Federal Government has released to its Ministries, Departments and Agencies for the execution of capital projects as contained in the 2017 budget. The Minister of…
Fidelity Bank unveils initiative to ease payment
Fidelity Bank Plc has launched a payment solution, Flashkey, which allows customers to make payments or transfers by using their phone keyboards. The bank said in…
Sterling Bank FarePay Crowned King of Utility Payment Cards
FarePay, the largest implementation of Bank contactless cards for bus transit in Africa recently won the award for ‘card with the most utility relevance for…
FirstBank Celebrates Corporate Sustainability, Responsibility Week across 8 Countries, over 800 Business Communities
First Bank of Nigeria Limited is commemorating the second edition of its Corporate Responsibility and Sustainability (CR&S) Week scheduled for June 19 – 23, 2018.…
Currency swap deal with China’ll expand BDCs’ capacity’
The President of the Association of Bureaux De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has said the currency swap deal between Nigeria and China will expand BDCs’…
Heritage Bank committed to innovative banking services
Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider; has said it is committed to innovative banking services through its transparent MasterCard. Head of Corporate Communications…
FEC approves N185bn for roads, N6.5bn ITF centre
The Federal Executive Council on approved the rehabilitation, repair and construction of 14 roads in different parts of the country. This was disclosed by the Special Adviser…
FRC New Corporate Governance Code to Promote Ease of Doing Business
The Financial Reporting Council (FRC) has unveiled a new draft of its code of corporate governance even as it called for input. The FRC, while announcing the release…
Nigerias Inflation Rate Dips Further to 11.61 per cent …as US Hike Interest Rate
For the 16th month, inflation rate continued a downward trajectory, declining from per cent in April to per cent in May. This is just as the US…