Archives for MONEY MARKET - Page 286
Unpaid Debt: AMCON Takes Over Osigwe Foods & Agro
Hon. Justice Saliu Saidu of the Federal High Court Lagos Division has granted an injunction against Osigwe Foods and Agro Industrial Company Limited, owned by…
Tax Evasion by Multinationals: Adeosun urges OEDC, World Bank, IMF on punitive measures
Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and other developing countries as ‘foreign…
UBA Contactless Card Issuance Hits Three Million
The United Bank for Africa (UBA) Plc has disclosed that it had issued over three million Near Field Communication (NFC) technology enabled contactless cards to its teeming…
NPL: CBN bars affected banks from paying dividends
Deposit Money Banks (DMBs) and discount houses presently facing challenges of huge bad loans and low capital base have been barred the Central Bank of Nigeria (CBN)…
Photo: Ag Heritage Bank MD Jude Monye condolence visit to Lt. Gen. Tukur
Ag. Managing Director of Heritage Bank Plc, Jude Monye paid a condolence visit to the Chief of Army Staff, Lt. Gen. Tukur Burutai over the death of his…
FirstBank processes over N1 Trillion on 894 Quick Banking Channel
First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers…
Nigeria’s Inflation Drops To 15.13 % In January – NBS
The inflation rate, measured by the Consumer Price Index (CPI), has further dropped to per cent in January from per cent recorded in December, 2017,…
AMCON Takes Over Daily Times Plc
In continuation of its recovery activities in the new financial year, the Asset Management Corporation of Nigeria (AMCON) on Tuesday, through Mr. Gbenga Fakoya SAN, took over…
Union Bank partners Connect Nigeria to honour Nigeria’s Top 100 Emerging SMEs
R-L: Paul Aseme, Head Retail Segments, Union Bank; Mabel George, Vice President, Business Development-West, Sigma Pensions; Emeka Okafor, Chief Executive Officer (CEO), Connect Nigeria; Akpan Ikoabasi, Sales Manager,…
Forex Market gets CBN’s $210 million boost
The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of the…
