Archives for MONEY MARKET - Page 228
Afreximbank Records $285m Income in 2018
The African Export-Import Bank (Afreximbank) has shown strong financial and operational performance in 2018 with a total comprehensive income of million dollars. Afreximbank’s President, Prof.…
Nigeria Debt Stock: Lagos, Edo, Kaduna, Cross River Top List
The Debt Management Office (DMO) has disclosed that four states out of the 36 states of the federation namely, Lagos, Edo, Kaduna and Cross River accounted for the…
DMO Proposes N1.648 Trillion Borrowing Plan For 2019
The Debt Management Office (DMO), On Thursday released a proposed borrowing plan of N trillion for 2019 financial year, subject to the approval of the National Assmebly.…
NDIC recovers N29bn from liquidated banks
The Nigeria Deposit Insurance Corporation says it has so far recovered N29bn from debtors of liquidated deposit money banks, microfinance banks and primary mortgage banks in the…
Nigeria’s debt Records N24.39tn, Grows by N2.66tn in one year
Nigeria’s total debt profile as of December 31, 2018, now stands at The figure swelled by per cent from in 2017 to in 2018. The debt…
ECOWAS To Witness Growth By to 2020—AfDB
Economic Community of West Africa States can benefit immensely from many opportunities such as diversification, infrastructure development, and linking production to global value chains. The Africa…
Bankers’ Committee Supports Exporters With N200b Single Digit Loan
Commercial Banks said they are supporting different stages in the value-chains in export businesses in the country with N200 billion. This was disclosed to journalists at a news…
Fidelity Bank Announces 60 millionaires under GAIM Season 3
Fidelity Bank Plc this has announced that it has produced a total of 60 millionaires under the ongoing Get Alert in Millions Savings (GAIM) Season 3 promo…
IMF Backs Tight Monetary Policy Of CBN
International Monetary Fund has said that the Central Bank of Nigeria tight monetary policy stance is appropriate for the Nigerian economy at this time. The Directors of…
Union Bank Named ‘2019 Advertiser of the Year’
Union Bank has been named ‘Advertiser of the Year’ by CHINI Africa, Cannes Lions Official Festival representative in Nigeria and organisers of the annual Creativity Week.…
