Archives for MONEY MARKET - Page 258
FIRS Rakes In N1.171 tn in First Quarter
The Federal Inland Revenue Service (FIRS) has generated a total revenue to the tune of trillion in the first quarter of 2018, This figure represented N393…
AMCON canvasses Stiffer Regulations To Develop Aviation
The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has called on agencies that are saddled with the responsibility of regulating…
Sterling Bank Specta Shatters Market With 5 Million Naira Instant Loans
Nigerian consumers are in for exciting times as Sterling Bank Plc, announced the launch of Specta, an instant lending platform that offers consumer loans of up to…
Diamond Bank to Sell its UK Banking Operations to Focus on Nigeria
Diamond Bank Plc, the Nigeria’s fastest growing retail bank – is to sell its UK banking operations, Diamond Bank UK, in order to focus on Nigeria and…
Aganga, Former Nigerian Finance Minister Joins Queen’s Commonwealth Trust Advisory Board
Nigeria’s former Minister of Industry, Trade and Investment as well as Finance, Mr. Olusegun Aganga has been appointed as a member of the Advisory Board of…
Heritage Bank partners CeLD Innovations to launch Cashtoken
HB Celd 1…Executive Director, Heritage Bank Plc, Jude Monye; Group Head, Energy, Corporate Banking, Afolasade Alonge and Head, Internal Management and sustainability, Corporate Communications, Heritage Bank, Ozena Utulu,…
Tony Elumelu To African Leaders: Prioritize Africa’s Youth
During the annual spring meetings of the International Monetary Fund and the World Bank in Washington, DC, African philanthropist and entrepreneur Tony O. Elumelu insisted that prioritizing…
CBN continues interventions in FOREX Market, Injects $210 million
The Central Bank of Nigeria (CBN) has stepped into the inter-bank sector of the Foreign Exchange market, yet again, intervening in the wholesale segment and other…
CBN boosts Retail SMIS with $396.18m
In its relentless move to guarantee liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) segment of…
In Spite Of IMF’s Warning, Nigeria’s Debt Level Under Control, Says Adeosun
In spite of the warning by the International Monetary Fund (IMF) that debt levels in African economies were rising, Minister of Finance, Mrs Kemi Adeosun on Friday said Nigeria’s debt…
