Archives for MONEY MARKET - Page 217
Sterling Bank Grows Income By 19.1% To N30.4 by
By Ngozi Onyeakusi -- Sterling Bank Plc, a full-service national bank has reported a net interest income growth of percent to billion for the half year ended June…
Forex: CBN boosts Wholesale Segment, Others with $210m
By Ngozi Onyeakusi -- In its last intervention for the month of July, the Central Bank of Nigeria (CBN) has injected the sum of $210 million into the…
Fidelity Bank Says Its Loan To Deposit Ratio Above CBN 60% Limit
Fidelity Bank Plc on Tuesday expressed continous support to the growth of Small and Medium Enterprises (SMEs). The bank said that its loan to deposit ratio (LDR) was…
Enter for Union Bank’s edTech Challenge – N5m Funding Support Up for Grabs!
The 2019 edTech Challenge is now open for entries!! Do you have an innovative, technology-driven solutionwith the potential to solve education challenges in Nigeria?Are you a student, teacher, developer,…
Heritage Bank, Afreximbank, Zamfara Seal $1b agric, solid minerals deal –
Heritage Bank, Afreximbank, Zamfara seal $1b agric, solid minerals deal - Heritage Bank Plc, African Export Import Bank and Zamfara State government have sealed a deal to the…
World Bank loans in Nigeria rise by $2.19bn in three years –
The World Bank loan portfolio in Nigeria increased by $ in the last three years, investigation has shown. Data obtained from the Debt Management Office in Abuja on…
Union Bank Profit Before Tax Soars To N12.1bn
By Ngozi Onyeakusi -- Union Bank of Nigeria (UBN) Plc has posted a profit before tax of billion for the half year ended June 30, 2019. This represents…
Access Bank Issues Tier II N30bn Local Bond
By Ngozi Onyeakusi--- To further strengthen its funding base, Access Bank has successfully issued a Tier II N30 billion Fixed Rate Subordinated Unsecured Bond. The bond was oversubscribedwhich…
FG, States, LGs Share N762.5bn In June
Federal Government, States and Local Government Areas (LGAs) shared billion as federal allocation for the month of June. Mr Ahmed Idris, the Accountant-General of the Federation (AGF), said…
Those Patronizing Cryptocurrencies Risk Their Savings — NDIC
The Managing Director, Nigeria Deposit Insurance Corporation, Umaru Ibrahim, has warned against patronizing cryptocurrencies. Ibrahim, who sounded the warning said while various forms of digital currencies currently…
