Archives for MONEY MARKET - Page 238
AMCON’s Proposed Amendment Bill Almost Ready – House of Reps
R-L: Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri; Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr.…
Rice Importation Into Nigeria Reduces Drastically — CBN
By Ngozi Onyeakusi -- Central Bank of Nigeria (CBN) has disclosed that volume of rice importation into Nigeria (in metric tonnes) has reduced drastically in 2018. Similarly,…
TSA N16b Cost: Govt. W’ll No Longer Bear Service Charge — AGF
By Ngozi Onyeakusi --- The Accountant-General of the Federation (AGF) Ahmed Idris has disclosed that Nigeria Government has spent N16 billion on Treasury Single Account (TSA) transaction costs…
Oil Export Revenue Dips By N403bn, says CBN
By NGOZI Onyeakusi --- Central Bank of Nigeria has disclosed that Nigeria generated from crude oil and gas export in the first half of 2018. Representing a…
Access Bank Partners Transfast for Instant Money Transfer
By Ngozi Onyeakusi ---Transfast, a leading provider of cross-border payments and remittance solutions, has partnered with Access Bank to facilitate inflow of remittance to bank accounts &…
CBN Unveils Payment Service Bank Guidelines
By Ngozi Onyeakusi The Central Bank of Nigeria (CBN) has unveiled operational guidelines for Payment Service Banks (PSBs). This is as part of measures to…
Non-Performing Loans: Big Concern, Loss To Banking Sector
The increase in level of Non-Performing Loans (NPLs) assets in the Nigeria banking sector had continue to be a source of worry and a big loss to…
Forex: Inter-Bank Market Gets Another $210m Boost
By Ngozi Onyeakusi Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank…
FG Generates N1.16bn From Rail in Six Month- NBS
By Ngozi Onyeakusi, Lagos The National Bureau of Statistics (NBS) has disclosed that Federal Government of Nigeria generated fund to the tune of from the rail transportation…
CBN Certifies 34 Primary Mortgage Banks
* Emefiele* By Ngozi Onyeakusi The Central Bank of Nigeria has certified only 34 firms as licensed primary mortgage banks operating in country with 50 per cent in…
