Archives for MONEY MARKET - Page 217
Nigerian Firm, Lutoyilex Barred From Bidding For W’ Bank, AfDB Contracts
Lutoyilex Construct Limited, a construction company registered in Nigeria, has joined the list of firms debarred for fraudulent practices by the African Development Bank Group and other international…
CBN Intervenes in Forex market with $210 Million
By Ngozi Onyeakusi -- The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank of Nigeria (CBN) following…
Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano
Fidelity Bank Plc has commenced training of over 100 Small and Medium Enterprises (SMEs) in Kano State. This is part of the bank's measures to provide world-class support…
Worries As External Debt Increases By $15.3bn In Four Yrs
By Ngozi Onyeakusi -- The Debt Management Office has disclosed that the nation’s external debt stock has risen by 148 per cent in almost four years…
Access Bank wins Karlsruhe Sustainable Finance Award
Access Bank, has emerged winner of the 2019Karlsruhe Sustainable Finance Awards for “Outstanding Business Sustainability Achievement” for the 4th consecutive time. The award was received in recognition of…
41.5m MSMEs Registered In 2017 — NBS
The Statistician-General of the Federation, National Bureau of Statistics (NBS), Dr Yemi Kale said that million Micro, Small and Medium Enterprises (MSMEs) were registered in 2017. Kale…
Nigerian Textile Industries Have Potentials To Creat 2m Job, Reduce $4bn Import Bills – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Nigerian Cotton, Textile and Garment (CTG) sector holds huge potentials to create…
Textile Sector Revamp: CBN Backs FG ….As it bans importation of military, paramilitary uniforms
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele held a meeting with the service chiefs and heads of paramilitary agencies to work out modalities of…
Anchor Borrower: Bank Expresses Worry Over Farmers’ Attitude To Loan Repayment
Zenith Bank has expressed dissatisfaction over farmers’ attitude toward repayment of loans obtained through the Anchor Borrower Scheme. Mr Oluwaseun Arigbade, the Regional Agric Finance Officer, Zenith…
Fidelity Private Bank Wins At PWM Global Wealth Tech Award
Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organised by Professional…













