Archives for MONEY MARKET - Page 279
Naira Remains Strong as CBN Pumps in $195m
The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the inter-bank Foreign Exchange Market, even as the Naira maintains…
Emefiele lists gains of FX restriction on 41 Items …outlines projections for 2018
L-R: Representative of Governor Akinwunmi Ambode of Lagos State and Secretary to the Lagos State Government, Mr. Tunji Bello; the Governor, Central Bank of Nigeria (CBN), Mr.…
Sectorial Intervention: CBN creates Seven million jobs
By Ngozi Onyeakusi ... The Central Bank of Nigeria (CBN) has disclosed that it's sectoral interventions had impacted the Nigerian economy and created jobs worth seven million as…
Digital currencies won’t be authorised – NDIC warns
By Ngozi Onyeakusi ... The Nigeria Deposit Insurance Cooperation (NDIC) warned that digital currencies especially Bitcoins will not be authorised by the Central Bank of Nigeria (CBN) and…
Senate Plans Additional Powers For AMCON
The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Adebayo Ibrahim, has disclosed plans by the 8th Senate, under the able leadership of Dr.…
Nigeria’s Budget is a Contract Vending Machine’
The Chief Executive Officer, BudgIT, a civic organisation, Mr. Seun Onigbinde has described Nigeria’s annual budget as a ‘contract vending machine,’ rather than a planning document. Onigbinde, who…
CBN expands Anchor Borrowers’ Programme … Targets additional 2m tonnes from 300,000 Rice Farmers
By Ngozi Onyeakusi .... The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation…
World Savings Day: Heritage Bank tutor children on saving for secured future
By Ngozi Onyeakusi ... R-L: Timothy Onekutu, Chinenyenwa Ozoemena, Alex Nwogu, Team Members, Financial Literacy, Customer Experience & Analytics, Heritage Bank; Ajiri Efeturi, Team Lead, Financial Literacy, Customer Experience…
Buhari proposes N8.6tr ‘Budget of Consolidation’
THE KEY PROJECTS for the Second Niger Bridge About N300b for the construction and rehabilitation of strategic roads President Muhammadu Buhari yesterday proposed a trillion expenditure for next…
Forex: CBN boosts Forex supply with $195m
By Ngozi Onyeakusi The Central Bank of Nigeria has intervened in the inter-bank Foreign Exchange Market with the injection of another $195 million. Figures released by the Bank…
