Archives for MONEY MARKET - Page 257
CBN injects another $195m into Forex market
By NGOZI The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, 2017, intervened in the inter-bank…
Ecobank Nigeria Rewards Excellence, Promotes more than 1000 High Performing Staff
By Ngozi The management of Ecobank Nigeria Limited has announced the promotion of more than one thousand staff. This latest promotion exercise which affected about 30 per cent of…
FirstBank’s Payment Card Issuance Hits 10 Million
By Precious The premier financial institution and one of the Nigeria’s most valuable bank brands, First Bank of Nigeria Limited has been named the first financial institution in…
Nigeria, best investment destination in world …. Dangote
By NGOZI Onyeakusi The President/Executive of Dangote Group, Aliko Dangote has described Nigeria as the best market to invest in the world. Speaking at the Special Day of the Group…
FG so far injects N43.9 bn to Agriculture
The Federal Government has so far released a total of billion through the Central Bank of Nigeria (CBN) and 13 participating institutions for supporting agriculture production across the country.…
Fidelity Bank Launches $500 Million Eurobond to Boost Operations
Fidelity Bank, MD/CEO, Nnamdi Okonkwo Fidelity Bank Plc thursday announced plans to launch up to $500 million Senior Unsecured Medium Notes (Eurobond) as well as a tender offer…
First Bank Increases Stake in FBNBank DRC Limited, Consolidates itsInternational Business
First Bank of Nigeria Limited, one of the foremost Nigerian banks has announced the acquisition of the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly…
MPC: why we retained interest rate at 14% even after recession exit—- CBN
Emefiele The Central Bank of Nigeria (CBN) yesterday gave reasons why it retained the Monetary Policy Rate (MPR) for six consecutive times at 14% even after the economy’s exit…
Heritage Bank reiterates commitment to Nigeria’s entertainment industry
By Precious Chimezie Heritage Bank Plc has reiterated its commitment to the growth and development of Nigeria’s creative industry because it is a major contributor to the country’s Gross Domestic…
Senate express Dissatisfied Over 2017 Budget Implementation
NGOZI Onyeakusi .... Saraki The Senate President, Dr. Bukola Saraki, has expressed dissatisfaction with the implementation of the 2017 budget and rallied his colleagues for a push with the…