Archives for MONEY MARKET - Page 269
FOREX: CBN intensifies supply to market
Ahead of the outcome of the ongoing Monetary Policy Committee meeting in Abuja, the Central Bank of Nigeria (CBN) on Monday, May 22, 2017, again injected over $255 million…
Naira in upswing, as CBN targets convergence
With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the United States dollar at the…
Female entrepreneurs benefits from Access Banks Womentrepreneur series in Kaduna
In furtherance of its commitment to empower female entrepreneurs across Nigeria Access Bank has extended its Womenpreneur Business Workshop to Kaduna State. To give the women in Kaduna a…
Why early lesson on cashless is vital to child’s financial freedom, says Heritage Bank
Ifie Sekibo, MD Heritage Bank As part of effort to further deepen the Central Bank of Nigeria's cashless policy, Heritage Bank Plc, has called for early lessons for teens…
No bank is in distress, NDIC assures depositors
MD, NDIC, Umaru Ibrahim The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, Alhaji Umaru Ibrahim, has called on members of the public to ignore rumours being circulated through…
Heritage Bank, Triton Aqua N2bn facility to boost job creation, capacity to 15, 000 tonnes
L-R: Jude Monye, Executive Director of Heritage Bank Plc; Ifie Sekibo, Managing Director of Heritage Bank; Kolapo Kola-Daisi, Group Head, Performance Management of the bank and Raju Samtani, CEO…
Naira to Appreciate Ahead of Heavy Injection of Forex by CBN …as forex availability excites manufacturers, other stakeholders
Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market thereby heightening expectations that…
Fidelity Bank declares N4.1 billion … assures support to SMEs, agriculture production
Fidelity Bank Plc. has declared a dividend payment of 14 kobo per share for the financial year ended 31st December, 2016. The dividend which was approved by shareholders of the…
Anchor Borrowers Programme: N33.3 bn beneficiaries commence repayment …CBN
The Central Bank of Nigeria has disclosed that beneficiaries of its to 146,557 farmers across 21 states under its Anchor Borrowers’ Programme have commenced repayment. According to the apex bank,…
BoI grows by 44%
The Bank of Industry (BoI) has posted a 44 per cent surge in its Profit Before Tax for the financial year ended 31st December, 2016, as it grew to N17…