Archives for MONEY MARKET - Page 254
Asset Sales: AMCON Restructures; Seeks Speedy Disposals Strategies
L-R: Mr. Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr. Aminu Ismail; Osy Chijioke Kamalu,…
Nigerian Banks Lose N12.30 Billion To Fraud In Four Years – NIBSS
Nigerian Inter-Bank Settlement System (NIBSS), on Thursday said the banking industry lost the sum of billion to various frauds between 2014 and 2017. Mr Adebisi Shonubi,…
Increased Domestic, Foreign Borrowings Push Public Debt To N22.7trn in Q1
Increased domestic borrowing by state governments as well as rising foreign borrowing by the federal government have pushed Nigeria’s public debt by percent to trillion in the first quarter…
Aboderin’s Death: Heritage Bank Pays Condolence Visit to Punch Newaper
L-R: Executive Director of Heritage Bank, Jude Monye (R); in a handshake with MD of Punch Newspaper, Mr. Ademola Osinubi (L); Company Secretary/Legal Adviser of Punch, Mrs. Omolara…
Forex market gets $210 million lift
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. In…
2017 budget: FG releases N1.58tn for capital projects
The Federal Government has released to its Ministries, Departments and Agencies for the execution of capital projects as contained in the 2017 budget. The Minister of…
Fidelity Bank unveils initiative to ease payment
Fidelity Bank Plc has launched a payment solution, Flashkey, which allows customers to make payments or transfers by using their phone keyboards. The bank said in…
Sterling Bank FarePay Crowned King of Utility Payment Cards
FarePay, the largest implementation of Bank contactless cards for bus transit in Africa recently won the award for ‘card with the most utility relevance for…
FirstBank Celebrates Corporate Sustainability, Responsibility Week across 8 Countries, over 800 Business Communities
First Bank of Nigeria Limited is commemorating the second edition of its Corporate Responsibility and Sustainability (CR&S) Week scheduled for June 19 – 23, 2018.…
Currency swap deal with China’ll expand BDCs’ capacity’
The President of the Association of Bureaux De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has said the currency swap deal between Nigeria and China will expand BDCs’…
