Archives for MONEY MARKET - Page 214
Forex Intervention: CBN injects $311.5m, CNY15m into Retail SMIS
From Ngozi Onyeakusi -- The Central Bank of Nigeria (CBN) on Friday October 4, 2019, made an intervention of $ in the retail Secondary Market Intervention Sales (SMIS)…
Fidelity Bank Launches GAIM Season 4
L-R: Regional Bank Head, Apapa, Jude Monye; Executive Director, South, Aku Odinkemelu; Executive Director, Shared Services and Products, Chijioke Ugochukwu; Executive Director, Lagos and South West, Nneka Onyeali-…
First Bank Partners Junior Achievement Nigeria For National Student Entrepreneur Competition
Junior Achievement Nigeria’s (JAN) annual flagship event, National Company of the Year Competition (NCOY) will be taking place Thursday, 3rd October 2019. With the theme “Activating Disruptors”, this…
CBN Increases banks’ loan to deposit ratio to 65%
The Central Bank of Nigeria (CBN) has reviewed the loan to deposit ratio (LDR) for banks upwards to 65 per cent from 60 per cent. In a circular…
Nations Foreign Reserves Dip By $1.76bn to $41.85bn In September
By Ngozi Onyeakusi -- The Central Bank of Nigeria has disclosed that the nation’s foreign reserves has recorded depreciation by $ or 96 per cent in September to…
Access Bank Unveils Independence Campaign, Set to Splash Cash Prizes on over 30 DiamondXtra Customers Daily
By Ngozi Onyeakusi -- In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence…
Heritage Bank MD says credible ID magt. will foster access to credit
MD/CEO, Heritage Bank, Mr Ifie Sekibo , has stressed the need for the federal government to work towards creating a credible and strong identity management towards expanding…
Banks Allocate N15.13trn Credit To Private Sector – NBS
The National Bureau of Statistics (NBS) says the Nigerian banking sector allocated trillion as total value of credit to the private sector in the second quarter (Q2) 2019.…
Fidelity Bank Condemns Media Attack By Outsourced Staff
By Ngozi Onyeakusi-- Fidelity Bank Plc. has condemned the planned disruption of service and social media attacks on the Bank by a few outsourced staff who were recently…
Afreximbank Urges African Countries To Aid Manufacturers’ Cross-border Trade Through New Agencies
The African Export-Import Bank (Afreximbank) has called on African countries to create new vehicles that would make it possible for manufacturers to trade across the continent. A…
