Archives for MONEY MARKET - Page 271
CBN injects Fresh $304.4m into Forex Market
The Central Bank of Nigeria (CBN) at the weekend intervened in the Retail Secondary Market Intervention Sales (SMIS) of the interbank foreign exchange market to the tune of…
Nigerias return to JP Morgan Index excites BDC
The Federal Government plan to open talks with JPMorgan Chase & Co. for their reinstatement in the local-currency emerging-market bond index has been lauded by Association of…
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…
