Archives for MONEY MARKET - Page 269
CBN spent $15.9bn on forex market interventions, says analyst
The Central Bank of Nigeria (CBN) has spent $ billion in nine months in its weekly intervention in the foreign exchange (forex) market, Managing Director, Afrinvest Securities,…
IMF Forecasts 2.1% Growth for Nigeria in 2018
Less than two weeks after the World Bank projected Nigeria’s Gross Domestic Product (GDP) to grow by per cent in 2018, the International Monetary Fund (IMF)…
CBN boosts Forex Market with $210m
The Central Bank of Nigeria (CBN) has boosted the inter-bank Foreign Exchange Market with the sum of $210million, to meet customers’ requests in various segments of…
Send Money Abroad For Less through FirstBank
Sending money abroad through FirstBank just got more economical with MoneyGram ‘Naija Send’ as charges are now as low as N1,500. First Bank of Nigeria Limited is…
Union Bank named Fastest Growing Retail Bank in 2017 International Finance Magazine Awards
Union Bank, one of Nigeria’s longest serving banking institutions, has been named ‘The Fastest Growing Retail Bank, Nigeria’ in the 2017 edition of the…
Expert lauds CBN as external reserve hit $40.4 Billion
The Director, Union Capital Market Ltd, Egie Union Capital Market Ltd, Egie Akpata has commended the Central Bank of Nigeria ( CBN) as the external reserves grew…
Access Bank Approves Paternity Leave for Male Employees
Starting from January 2018, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that extends paid benefits to all mothers and…
Calabar Carnival: How Heritage Bank’s partnerships is making Nigeria tourism destination in Africa
Imeh Bishop Umoh (Okon Lagos) and Senator Florence Ita-Giwa, Leader of The Seagull Band, during the 2017 annual Calabar Carnival, themed “Migration and Climate Change, which Heritage Bank…
CBN injects $210m into Forex Market
The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market.…
Sterling Bank Customers Win N12.8m in ongoing 1dament Promo
Sterling Bank Plc, your one-customer bank has rewarded 128 customers with N100,000 each in its ongoing promo tagged 1dament at the first general draws held in Lagos. The…
