Archives for MONEY MARKET - Page 249
Diamond Bank Drives Growth with 3 million Digital Customers in 2018 Q2
Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange…
NNPC Incurs N240bn Loss in 13-month Petrol Supplies
The Nigerian National Petroleum Corporation (NNPC) incurred a loss to the tune of N240,304,755,518 as under-recovered expenditure in importing petrol at the international market price and selling…
Union Bank grows PBT by 23%
Union Bank, one of Nigeria’s longest standing and most respected financial institutions, has announced its unaudited financial statements for the period ended June 30 2018. The lender…
CBN Approves $340m, CNY69m For Agric, Raw Materials
The Central Bank of Nigeria (CBN), on Friday, provided 340 million dollars and 69 million Chinese Yuan (CNY) to customers seeking foriegn exchange in the agricultural and raw…
Heritage Bank Supports Business Investment in Africa Freestyle Football Championship
Lagos, Nigeria, 23 July 2018: Heritage Bank Plc, Nigeria’s most innovative banking service provider, has signed a partnership agreement with Feet ‘N’ Tricks International Limited to make the…
Nigeria, others to benefit from AFREXIM Bank’s $25bn grant
African Export-Import Bank, (AFREXIM) has disclosed plans to to support Nigeria and some other African countries with $25bn within the next three years. The President, AFREXIM, Dr Benedict…
Reactions As JAMB Remits N7.8B Surplus
The Joint Admissions and Matriculation Board (JAMB) has remitted yet Billion into the Federation Account . The Head, Media and Information, Dr. Fabian Benjamin, who disclosed this,…
Forex: CBN flags off SMIS in Chinese Yuan
The Central Bank of Nigeria (CBN) on Friday, July 20, 2018, flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of…
Heritage Bank, CIBN promote robust engagement for bankers, customers
Heritage Bank Plc, Nigeria’s most innovative banking services provider, has again demonstrated its commitment to the growth and progress of the banking profession by partnering with the…
UBA Emerges Best in Digital Banking
United Bank for Africa Plc has emerged Africa’s best bank in the digital category of the Euromoney Awards in London. The award, according to the lender further gave…
