Archives for MONEY MARKET - Page 292
Heritage Bank, Triton Aqua N2bn facility to boost job creation, capacity to 15, 000 tonnes
L-R: Jude Monye, Executive Director of Heritage Bank Plc; Ifie Sekibo, Managing Director of Heritage Bank; Kolapo Kola-Daisi, Group Head, Performance Management of the bank and Raju Samtani, CEO…
Naira to Appreciate Ahead of Heavy Injection of Forex by CBN …as forex availability excites manufacturers, other stakeholders
Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market thereby heightening expectations that…
Fidelity Bank declares N4.1 billion … assures support to SMEs, agriculture production
Fidelity Bank Plc. has declared a dividend payment of 14 kobo per share for the financial year ended 31st December, 2016. The dividend which was approved by shareholders of the…
Anchor Borrowers Programme: N33.3 bn beneficiaries commence repayment …CBN
The Central Bank of Nigeria has disclosed that beneficiaries of its to 146,557 farmers across 21 states under its Anchor Borrowers’ Programme have commenced repayment. According to the apex bank,…
BoI grows by 44%
The Bank of Industry (BoI) has posted a 44 per cent surge in its Profit Before Tax for the financial year ended 31st December, 2016, as it grew to N17…
Forex: CBN bars 16 banks from SME window
The Central Bank of Nigeria on Tuesday wielded the big stick on 16 Deposit Money Banks as it stopped them from participating in the Small and Medium-scale Enterprises window of…
MyStocKIT: Heritage Bank launches MSME app for ease of doing business
In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank has introduced MyStocKIT, an android hand-held solution that enables clients…
Banking industry deploys data base to eradicate E- fraud
The banking industry is set to deploy a data base aimed at eradicating electronic and card frauds from the system. This was disclosed by the Managing Director/CEO Access Bank Plc.…
CBN offers $100m in Wholesale forwards
Buoyed by the impact of its interventions and stability in the foreign exchange market, the Central Bank of Nigeria (CBN) on Thursday, April 27, 2017 offered the sum of $100…
CBN auctions $185.86m in Retail SMIS
Following Tuesday’s assurances by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that the CBN will continue to intervene in the foreign exchange market, the apex Bank on…
