Archives for MONEY MARKET - Page 276
Forex Market gets another $210m boost from CBN
The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210,000, from the Central Bank of Nigeria (CBN). According…
CBN to blacklist loan defaulters via BVN
The Central Bank of Nigeria under the auspices of the Bankers’ Committee has concluded plans to use the Bank Verification Number of customers to blacklist loan defaulters from…
Heritage Bank partners Generation Next to position 1, 500 pupils for leadership roles
R-L: Mrs. Cynthia Erigbuem, Group Head, Market Intelligence and Analytics of Heritage Bank presenting award to Mrs Afolayan Eniola, during the Generation Next event, titled, “Raising Emotionally Intelligent…
CBN revamps N500b Export Stimulation Fund
In its bid to diversify the country’s economy away from oil, in line with the Federal Government’s economic plan, the Central Bank of Nigeria (CBN) has announced…
Sterling Bank partners LAMATA others, kick-starts e-Ticketing in BRT
Sterling Bank Plc in partnership with Primero, LAMATA and E-Purse Systems Limited have begun implementation of e-ticketing system for Bus Rapid Transport (BRT) in Lagos. According to…
Analysts Confidence in FirstBank Share Price Justified; Records 153.43% YTD Appreciation
Like other banking stocks, the share price of FBNH has seen a significant appreciation in the year 2017. December 06, 2017, the bank’s share price hit to…
Our dealings are clean, legitimate … Sterling Bank
Sterling Bank Plc has said its dealings being a lead bank in an N8 billion syndicated loan-financing transaction between it and Grant Properties Limited, a property development…
Access Bank rolls out five year growth plan
Access Bank Plc has rolled out a new five-year strategic plan aimed at positioning the lender to become Africa’s Gateway to the World. This development, according to…
FirstBank Achieves PCI DSS Version 3.2 Recertification
First Bank of Nigeria Limited, Nigeria’s most valuable bank brand, has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version , having been one of the…
NDIC pays N105bn to depositors of failed banks
The Nigerian Deposit Insurance Corporation, (NDIC), Alhaji Umaru Ibrahim, has paid N105 billion to 442,615 depositors of closed Deposit Money Banks end of September 2017. The Managing…
