Archives for MONEY MARKET - Page 230
Nigeria’s Foreign Trade Volume Records N32.26trn In 2018 – NBS
The National Bureau of Statistics (NBS), said the country recorded a total trade value of trillion year-on-year in 2018, representing per cent increase over the corresponding period…
UBA Group Commences Full Operations in UK
L-R: CEO, UBA UK, Mr. Patrick Gutmann; GMD/CEO, UBA Plc, Mr. Kennedy Uzoka; President, Dangote Group, Alhaji Aliko Dangote; Group Chairman, UBA Plc, Mr. Tony O. Elumelu;…
Access, Diamond Banks Jointly Commemorate International Women’s Day
Africa’s leading financial institution, Access Bank Plc, continues to demonstrate unwavering commitment to women as it is set to mark the International Women’s Day, 2019 with Diamond…
FAAC allocates N610bn as government revenue drops by N42bn
The gross revenue that accrued into the federation account dropped by billion from recorded in December last year to billion in January. This was disclosed shortly after…
ACCI Decrys Over $5bn Lost To Poor Commercial Dispute Handling
ACCI Decrys Over $5bn Lost To Poor Commercial Dispute Handling The President, Abuja Chamber of Commerce and Industry, Adetokunbo Ademola, has said that Nigeria has lost over…
AVM Omenyi bags seven years imprisonment for receiving N136m bribe
The Federal High Court, Abuja on Thursday sentenced retired Air Vice Marshal Tony Omenyi to seven years in prison for receiving N136 million bribes from the Nigerian…
Forex: CBN Boosts Market with $210
The Central Bank of Nigeria (CBN) has injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, February 26,…
Net Foreign Exchange Inflow Foreign exchange flows Dips To $8.44
Foreign Exchange flows through the economy resulted in a net inflow of $ at the last quarter of 2018, compared with $$ in the corresponding period…
Banks Non-Performing Loans Hits N8.1 tn
The banking sector recorded a total amount of as non-performing loans in the 2018 fiscal period. The figure is contained in the banking sector report obtained by…
Afreximbank Appoints Maureen Mba Director For Compliance
The African Export-Import Bank (Afreximbank) has appointed Maureen Mba as Director. Until her appointment, Ms. Mba was Associate Director in charge of the Compliance Unit, as it…
