Archives for MONEY MARKET - Page 226
Union Bank Settles Defrauded Customer N8.7 Million As Court Jails Ex-Staff
Union Bank of Nigeria Plc has repaid the sum of million fraudulently withdrawn from the account of one its customers by a staff who has been jailed a…
CBN Retains Monetary Policy Rate At 13.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at per cent. The CBN Governor, Mr Godwin Emefiele…
CBN Implores Banks On Relationship With Customers
The Central Bank of Nigeria (CBN) has advised banks and other financial institutions in the country to be transparent in their dealings in order to build customers’…
DMO Set To Auction N125bn Bonds Next Week
Federal Government is set to auction N125bn worth of bonds by subscription on July 24. This was disclosed by the Debt Management Office (DMO) in circular. DMO noted…
IMF MD Resigns, Selection Process To Commence
The Executive Board International Monetary Fund IMF has said that the Managing Director of the Fund has resigned her appointment and that selection process to replace will…
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…
