Archives for MONEY MARKET - Page 253
2018 budget: How National Assembly cut N347.5bn from 4,700 MDAs projects Works, water resources, education suffer highest cuts
Facts have emerged on how the National Assembly reduced allocations to 4,700 projects of Ministries, Departments and Agencies of the Federal Government to the tune of Documents obtained…
CBN directs banks to resolve USSD disputes in three days
The Central Bank of Nigeria (CBN) yesterday directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days. Speaking at…
LCCI Says Late Budget Passage Delaying Economic Recovery ………Warns On Rising National Debt
Contrary to postulations by the federal government and the National Assembly, the continuous delay in the passage of budgets is making the economy incur huge costs in…
Moghalu to Headline 4th Bankers’ Annual Lecture
Former Central Bank of Nigeria (CBN), Deputy Governor and 2019 Presidential aspirant of the Young Progressive Party (YPP), Professor Kingsley Chiedu Moghalu will be the Distinguished Guest Lecturer…
FG to raise $2.8bn from abroad – DMO
The Federal Government plans to raise $ of debt offshore as part of its 2018 budget and will explore all options to lower costs, the Director-General, Debt…
Currency Swap Deal Sensitization: CBN heads to Aba, Lagos N/Week
Following its release of regulations for transactions with authorised dealers in Renminbi, the Central Bank of Nigeria (CBN) wednesday commenced the sensitisation of exporters, regulators and other…
Heritage Bank partners NANTA to launch Nigeria Travel Practitioner Identification card
L-R: MD/CEO, Visa Travels & Tours Limited, Alhaji Aminu Agoha; Group Capt. Edem Oyo-Ita (Rtd.), Dir. Air Transport Regulation (DATR) representing the DG of NCAA, Capt. Muhtar Usman;…
CBN injects another $210m into Forex Market
*Emefiele The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange market. The CBN,…
AMCON recovers N731bn from bank debtors in seven years
The Asset Management Corporation of Nigeria said it recovered N731bn from bank debtors since its inception in 2010 to December 2017. Out of this amount, properties…
2018 Budget: FG To Borrow N1.6tn To Fund Deficit — Udoma
President Muhammadu Buhari flanked by the Vice President Prof Yemi Osinbajo Signs the 2018 Budget. Others are Chief of Staff, Mallam Abba Kyari, Chairman Senate Committee on…
