Archives for MONEY MARKET - Page 24
Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn
Olusegun AlebiosuMD/CEO FirstBank The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty…
Ecobank Promotes Sustainability through Art with ‘Kong in a Cage’ Installation
BY NGOZI ONYEAKUSI Continuing its efforts to foster sustainability in Nigeria, Ecobank Nigeria has unveiled a new art installation, Kong in a Cage, by artist Toyeeb Ajayi. The installation, made…
FIRSTBANK REASSURES CUSTOMERS OF GOLD STANDARD SERVICES
FirstBank has assured its esteemed customers of gold standard services. According to the lender, "Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank…
CBN sanctions banks for ATM cash dispensing failures
BY NGOZI ONYEAKUSI In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make…
CBN unveils diaspora-friendly accounts to boost investments
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has unveiled two new financial products aimed at attracting investments from Nigerians living abroad. The Non-Resident Nigerian Ordinary Account (NRNOA)…
Fidelity Bank Supports Improved Maternal Health in Lagos
Leading Financial Institution, Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre (PHC), Lagos. The donation, organized by the Great Minds Inductees Class,…
CBN suspends export proceeds repatriation extension
The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated January 8,…
BudgIT Raises Concern Over Irregularities In 2025 Proposed Budget, Call For Revew
BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the…
EXPANDING FOOTPRINT – NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up…
Tony Elumelu Foundation Opens Applications for 2025 Entrepreneurship Programmes
BY NGOZI ONYEAKUSI Tony Elumelu The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, is pleased to announce that applications for its 2025 Entrepreneurship Programmes are now open. Aspiring…
