Archives for MONEY MARKET - Page 263
Adelabu Disengages from CBN As Deputy Governor
President Muhammadu Buhari has  approved the disengagement of the Deputy Governor in charge of Operations at the Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu, with effect from July 15,…
FG saves N125bn from first-class travel ban, others
Between  2016 and 2017, the Federal Government was able to save the sum of N125bn through reduction in travel allowances, sitting allowances and other recurrent expenditure such as office stationery.…
CBN Directs DMBs to Sell Forex to Travelers Over Counter
In order to ensure that eligible travelers are able to access foreign exchange and make liquidity available in the market, the Central Bank of Nigeria (CBN)…
Heritage Bank Named Most Supportive Financial Institution in Tourism
R-L: Representative of the MD/CEO of Heritage Bank Plc, Ifie Sekibo is the Regional Executive, Abuja & North, George Oko-Oboh receiving the best "Financial Institution, for Outstanding…
SMEs To Get Free Spare Parts, Discounts, As New Auto Loan Hits Market
Leading commercial bank, Sterling Bank Plc has partnered with Tata Africa Services Limited to unveil a revolutionary auto loan scheme which offers free spare parts and…
Unity Bank promotes financial literacy among children
In commemoration of this year’s Children’s Day, Unity Bank Plc hosted students of Kings College, Lagos to promote financial literacy, leadership and advocacy against anti-social behaviour…
Keystone Bank on upward trajectory, declares strong Q1 financial result
After many years in the doldrums and following its most recent acquisition by Sigma Golf - Riverbank consortium, the moves by the new management team at…
Forex: CBN intervenes with another $210 million
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.…
CBN Gives Reasons for retaining MPR at 14 per cent
The Monetary Policy Committee of the the Central Bank of Nigeria (CBN) at its second meeting for the year retained the Monetary Policy Rate (MPR)…
CBN Communique of MPC Meeting of Monday 21st and Tuesday 22nd May 2018
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 118 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 21ST AND TUESDAY 22ND MAY, 2018 Background The Monetary Policy Committee (MPC) met on the…
