Archives for MONEY MARKET - Page 229
Inflation Rate Peaks At 11.40 In May
The rate of general increase in prices of goods and services in Nigeria for the Month of May 2019, inflation rate, rose by per cent (year-on-year) in…
Heritage Bank gets CIBN nod on established academy, trains 300 new intakes
REFINERY 1: MD/CEO, Heritage Bank Plc, Ifie Sekibo (8th right sitting), Executive Director, Jude Monye (7th left), other Management staff and some of the 300 new intakes…
Foreign Investment Inflow Into Nigeria Dips by 43 Per cent
By Ngozi Onyeakusi --- The United Nations Conference on Trade and Development report has revealed that Foreign investment inflow FDI into Nigeria, a major oil producer…
Fidelity Bank, NIPOST Seal Deal On Agency Banking
By Ngozi Onyeakusi --- Fidelity Bank Plc yesterday sealed a deal with NIPOST. The Deputy Managing Director Fidelity Bank, Mohammed Balarabe said the bank will provide banking…
Exchange Rate Has Remained Stable Says CBN
The Central Bank of Nigeria (CBN) has said that the nation’s exchange rate has remained stable over the years. Between 2016 and 2017, key ministers and top…
CBN Injects $210 Million into Forex Market
The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, June…
Union Bank Shareholders Approve ₦ 54.4 billion Share Premium Reduction
By Ngozi Onyeakusi -- Shareholders of Union Bank of Nigeria Plc. have approved the proposed reduction of ₦ billion from the Bank’s Share Premium Account in a bid…
FG Offers 2-Year, 3-Year Savings Bonds At 11.41%, 12.41% In June
The Federal Government has offered for subscription two-year savings bond at per cent and three-year savings bond at per cent per annum. This was announced by Debt…
Govt should explore opportunities in taxation, says Chike-Obi
There are hidden economic opportunities in taxation which government should explore by brining more people into the tax net, the Executive Vice Chairman, Alpha African…
FIRS Staff Urges President Buhari Not To Reappoint Fowler As Chairman
Some workers of the Federal Inland Revenue Service (FIRS) have urged President Muhammadu Buhari not to reappoint the Executive Chairman of the service, Mr Babatinde Fowler, for…
