Archives for MONEY MARKET - Page 256
CBN intervenes with $210m
In another round of intervention, the Central Bank of Nigeria (CBN) has injected the sum of $210million into the inter-bank Foreign Exchange Market to ensure the availability of…
Heritage Bank achieves PCI DSS Version 3.2 recertification
Heritage Bank Plc, ÂÂÂÂÂÂÂÂNigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version , having achieved…
CBN’s Anchor Borrowers’ Programme generates 1.5 million jobs — NIRSAL
About 250,000 direct jobs and million indirect jobs had so far been created under the Anchor Borrowers’ Programme of the Central Bank of Nigeria. The Nigerian Incentive-Based Risk…
Union Bank Announces Partnership with TEDxLagos
Union Bank, one of Nigeria’s most trusted financial institutions, has announced its partnership with TEDxLagos for the upcoming TEDxLagos event scheduled for Saturday, August 18, 2018.…
EcoBank’s Lagos HQ Fire Incidence: No Life Loss
There was a fire incident yesterday in the compound of Ecobank’s Lagos head office when a tanker delivering diesel to the Bank caught fire. The fire was contained within…
Forex: Naira lifted with $210m CBN injection
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. The CBN,…
Heritage Bank supports MSMEs to grow into generational conglomerates
Heritage Bank Plc, ÂÂÂÂÂÂÂÂNigeria’s Most Innovative Banking Service provider, has assured promoters of Micro, Small and Medium Enterprises (MSMEs) of support to enable them grow their businesses…
Sterling Bank Posts 63.4% Profit Surge
Leading commercial bank, Sterling Bank Plc, has reported a surge in net profit for the first half ended 30th June 2018. The lender reported a Profit After…
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…
