Archives for MONEY MARKET - Page 246
Foreign Reserve Dips By $990m In Three Weeks
For second consecutive month, Nigeria's foreign exchange reserves have dropped, falling by $ million this month, latest data from the Central Bank of Nigeria show. At the end…
Farmers Seek Effective Implementation, Monitoring Of CBN’s Credit Policy
Farmers across the country have applauded the nine per cent interest rate credit policy of the Central Bank of Nigeria (CBN) to the agriculture sector, saying it will…
CBN unveils Guidelines for Long-term Credit to Agric, Manufacturing
The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate…
PwC launches third edition of Media Excellence Award Issues call for entries.
Entries are now open for the third edition of PwC’s Media Excellence Awards. According to a statement released in Lagos by the professional services firm, entries for the…
Nigeria-China Currency Swap Deal Will Not Cover Importation Of Substandard Goods –CBN
N The currency swap agreement Nigeria and China is being utilised to curb the Importation of sub-standard goods from the Asian country with the Central Bank of Nigeria…
Adeosun Clinches Chairmanship Of Govt Firm, Amid Forgery Allegation
The Federal Government has announced the appointment of the Minister of Finance, Mrs Kemi Adeosun as the Chairman, Board of Directors of Nigeria Bulk Electricity Trading Company…
Nigeria’s Debt Stock Rises By N2.75tn in one year
The debt owed by the Federal Government of Nigeria state governments and the Federal Capital Territory Administration has topped between July 1, 2017 and June 30, 2018, says…
Forex: CBN boost Wholesale market, others with $210m
The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into various sums of…
BOI Partners Fidelity Bank, Ford Foundation On Aba Leather Cluster
Determined to promote Made–in–Nigeria products capable of meeting international standards for both export and local consumption, the Bank of Industry (BOI) has provided the sum of…
Heritage Bank, HIS, Tuchi partner to provide affordable mass transit in Lagos
L-R Managing Director, Kedari Capital Limited, Abolaji Nurudeen; Manager, Customer Service, Hewlett-Packard, Jennifer Odia; Director, HIS Plc, Olusegun Akeini; Managing Director, Purpledot Media Services, Atuche Patrick; Managing Director, Somtoc…
