Archives for MONEY MARKET - Page 239
CBN Denies Involvement In Dollar Racketeering
By Ngozi Onyeakusi --- The Central Bank of Nigeria (CBN) has distanced itself from a report by one of the national dailies that a cartel in the…
AMCON MD, 15 Others Win Businessday Excellence In Public Service Award
Again, the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru was among the recipients of the Businessday Excellence In Public…
How Leo won a million hearts in 12 months…More than one million Africans now bank on Leo
With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo,…
Nigerian Braiding Manufacturers Limited to continue operations– AMCON
Contrary to some sponsored fake news regarding the fate of Nigerian Braiding Manufacturers Limited (NBML), a Kano State-based textile company, NBML was recently taken over by the Asset…
UBA expands to Mali
United Bank for Africa is set to open a new branch in Mali on February 4, 2019. The spokeswoman for UBA’s subsidiary in Mali, Maimouna…
Ecobank boosts home remittance with RapidTransfer App
Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has said the bank is committed to ensuring that Nigerians get 100 per cent of their remittances from abroad through the…
Union Bank Introduces TechVentures to Support Tech-based Businesses
By Ngozi Onyeakusi --- Union Bank has announced the launch of TechVentures, a unique banking proposition which provides tailored services to technology companies. The solution was unveiled at…
Nigerian economic confidence at 12-month low: amid global pessimism ending a turbulent 2018
• Economic confidence level falls by 3% to its lowest since 2017 Q4 • Globally, confidence levels higher in Africa second only to South Asia, beating North America, Middle East,…
Heritage Bank partners Vanguard Media to drive inclusive economic growth
L-R: Dr. Peter Ozo-Eson, General Secretary, NLC; Ifie Sekibo, Managing Director, Heritage Bank; Mr. Muda Yusuf, DG, Lagos Chamber of Commerce and Industry; Mr. Fola Adeola, Founder/ Chairman,…
IMF Cuts Nigeria’s 2019 Growth Forecast To 2%
The International Monetary Fund (IMF) on Monday that Nigeria’s economy would expand more slowly in 2019 than previously predicted. This is against the backdrop of the recent…
