Archives for MONEY MARKET - Page 28
Delay in zero VAT reduces manufacturers’ revenue by 8%: MAN
Pharmaceutical manufacturers are hit with losses of up to eight per cent due to the Federal Government’s delay in implementing its zero-Value Added Tax policy designed to ease the cost…
N5m insurance coverage will enhance depositors’ safety nets: Senate
At the weekend, Senator Mukhail Abiru Chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, stated that the recent increase in deposit insurance coverage by the Nigeria…
IFC, CBN Partner To Boost Local Currency Financing In Nigeria
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso IFC, a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase…
Ecobank Nigeria Launches AI and Digital Skills Training for Children in Lagos Schools
BY NGOZI ONYEAKUSI Ecobank Nigeria, a key member of the leading pan-African banking group Ecobank Group, has partnered with Opolo Global to deliver training and empowerment to schools in Lagos…
Debt servicing hindering Nigeria’s socioeconomic development: IMF
The International Monetary Fund has said that Nigeria allocates the majority of its revenue to debt servicing, leaving limited funds for critical development projects. Speaking during the Fiscal Monitor press…
CBN Says Old N200, N500 & N1,000 Remain Legal Tender Indefinitely
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN), yesterday said it does not intend to discontinue the circulation of the old series of…
Union Bank Sets New Industry Standard with Comprehensive Maternity Leave & Onsite Crèche Facility
By Ngozi Onyeakusi Union Bank has set a new standard in Nigeria's financial sector by offering unparalleled comprehensive maternity leave to support working mothers and an on-site…
Sterling One Foundation, PwC, & Partners to Host ESG Series 4.0
By Ngozi Onyeakusi As environmental, social, and governance (ESG) principles continue to gain traction globally, Nigerian businesses are increasingly recognizing the importance of integrating sustainable practices into their…
Polaris Bank Trains Media Practitioners
As part of its ongoing commitment to continually empower the Nigerian media and enable it play the critical watchdog role in the society, Polaris Bank is organizing an open workshop…
World Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited (NNPC) is owing the Federation as part of…
