Archives for MONEY MARKET - Page 282
Rivers commends Heritage Bank on youth empowerment
River State government has commended Heritage Bank for its role in enhancing youth entrepreneurship development and engendering self-employment through its various initiatives and products. The government lauded the bank’s effort…
Fidelity Bank MD Advises Investors to Take Advantage of Stock Prices
The Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo, has urged investors to take advantage of the current low prices of stocks, saying that it is the better to invest…
Economic Recession: CBN vows to deploy appropriate monetary tools
Following economic recession in the country, the Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has vowed to deploy appropriate monetary policy tools that will ensure inclusive growth by…
Heritage Bank unveils yearly sporting event for secondary schools
Heritage Bank Plc, one of Nigeria’s Most Innovative Banking Service provider, has unveiled plans to organise an annual sporting event for secondary schools in Nigeria with the aim of discovering…
DMO lauds Access Bank
The Debt Management Office (DMO) has commended Access Bank Plc for emerging as the most outstanding Primary Dealer Market Makers (PDMM) during the first half of 2016. According to DMO,…
CBN re-instates Banks To Deal in FOREX Market
The Central Bank of Nigeria (CBN) has re-admitted the rest of the hitherto banned Deposit Money Banks (DMBs) to commence dealing in the foreign exchange market. Announcing the reinstatement of…
Poverty Reduction: Elumelu tasks policy makers on entrepreneurship
The Chairman of Heirs Holdings and United Bank for Africa (UBA) Plc, Mr Tony Elumelu, has identified entrepreneurship as a veritable solution to achieving poverty reduction in the country. Elumelu…
FirstBank, NBCC MSME development workshop kicks off this week
First Bank of Nigeria Limited said it is collaborating with the Nigerian-British Chamber of Commerce (NBCC) to host a Micro, Small & Medium Size Enterprises (MSME) workshop The workshop with…
N649.63 bn Banks NPL worries CBN
As banks Non- Performing Loans currently hit N649 billion, the Central Bank of Nigeria (CBN) has expressed worry saying there was need to curtail the trend. Making a presentation at…
$2.334 bn NNPC funds: CBN suspends 9 banks for non- remittance
Following failure to remit $ billion belonging to Nigerian National Petroleum Corporation (NNPC) to the single treasury account, the Central Bank of Nigeria (CBN) yesterday barred nine Deposit a Money…