Archives for MONEY MARKET - Page 28
USSD Wahala Reloaded: Are Telcos Quietly Dipping into Your Airtime?
Elvis Eromosele By Elvis Eromosele In Nigeria, one phrase captures the endless stream of troubles that trail daily life, "Wahala no dey finish." This timeless street slang now finds fresh…
Wale Edun Inaugurates New NDIC Management
BY NGOZI ONYEAKUSI The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has inaugurated the new Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance…
Union Bank Rewards Customers with ₦5 Million Each in Save & Win Palli Promo
BY NGOZI ONYEAKUSI Union Bank of Nigeria has proudly concluded the fourth edition of its acclaimed Save and Win Palli Promo, awarding three fortunate customers a life-changing ₦5 million…
Fidelity Bank Empowers SMEs With Business Management Systems
BY NGOZI ONYEAKUSI L – R: Divisional Head, Product Development, Osita Ede; Executive Director -Lagos and SouthWest, Ken Opara (both of Fidelity Bank Plc); Chief Executive Officer, Manmark, Adaonah Kene-Uyawune;…
Sterling One Foundation, UN Set the Stage for Africa’s Next Leap at ASIS 4.0
L–R: Olatunji Mayaki, Chairman, Board of Directors, Sterling Bank; Kunle Elebute, Former Chairman, KPMG Africa & Senior Partner, KPMG Nigeria; Foluso Phillips, Chairman, Phillips Consulting; Folasade Bada Ambrose,…
Eight banks surpass recapitalisation target, 11 breach non-performing loan cap
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday, disclosed that eight deposit money banks have already surpassed the new minimum capital requirement under the ongoing recapitalisation exercise.…
CBN HOlds MPR Steady At 27.5%
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged at for the third…
Nigeria now spends half its revenue on debt-Presidential panel
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, disclosed that the country currently spends less than 50 per cent of its revenue on debt…
ZENITH BANK RECOGNISED AS NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025
BY NGOZI ONYEAKUSI L-R: Former Economic Secretary to the Treasury of the United Kingdom, Ed Balls; Head of Multinationals and Financial Institutions, Zenith Bank (UK) Ltd, Natalie Andrew; Manager, Wealth…
Union Bank marks decade-high staff promotion rate for outstanding performance
BY NGOZI ONYEAKUSI Union Bank of Nigeria Plc, a leading institution in the Nigerian financial sector, has concluded its annual staff assessment and performance evaluation exercise, resulting in the promotion…
