Archives for MONEY MARKET - Page 260
Inflation Dips Further to 12.48% … Though price of food still high
The National Bureau of Statistics (NBS), has disclosed that the inflation rate has dropped to in March 2018 from per cent recorded in April. This…
Heritage Bank, CBN, ICC brainstorm on global trade operation systems
L-R: Secretary General, ICC Nigeria, Mrs. Olubunmi Oguntuyi; Chief Risk Officer, Heritage Bank Plc, Mr. Dimiri Dike; Vice Chairman, International Chamber of Commerce (ICC), Banking Commission,…
FG spent N1.5tn on capital projects in 2017 says Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that more than was spent on capital infrastructure in 2017. Adeosun, who spoke on her Twitter handle,…
Diamond Bank posts N203.3 Bn Gross Income in 2017
Diamond Bank Plc FY 2017 financial results released on the floor of the Nigerian Stock Exchange (NSE), showing mixed fortunes in key performance metrics. The report…
Jaiz Bank Grows by 161 per cent
Jaiz Bank Plc, has posted profit before tax (PBT) of million in 2017 financial year thus representing a 161 per cent surge when with million recorded…
Establishment of Leasing Company, MRO in Nigeria: AfDB, Afreximbank Earmark $20bn
African Development Bank (AfDB) and African Export, Import Bank (Afreximbank) have agreed to raise capital base of about $20 billion for the actualisation of federal government’s plan to establish aircraft…
Banks Are Sabotaging Our Efforts On New Notes – CBN
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Communications…
Union Bank grows profit by 16% to N5.4bn in Q1 – Grosses N163.8bn in 2017
Union Bank of Nigeria (UBN) Plc, one of Nigeria’s oldest surviving and most respected financial institutions, has recorded considerable growth in key performance indicators in the…
Nigeria Exports N29.146bn Worth of Agricultural Produce in Three Months
Nigeria has exported a total of 45, 462 metric tons with free on board (FOB) value of billion of agricultural produce between January and March 2018. Customs…
CIBN set to Inaugurate New President
The Chartered Institute of Bankers of Nigeria (CIBN) will on May 19, 2018, inaugurate Mr. Uche Messiah Olowu as its 20th President/Chairman of Council. The Investiture, which holds in Lagos,…
