Archives for MONEY MARKET - Page 44
2024 Union Bank Empowers new Management Trainees
By Ngozi Onyeakusi---Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of…
ZENITH BANK FINALISES PLANS FOR N290 BILLION RIGHTS ISSUE, PUBLIC OFFER
R - L: Executive Director, Zenith Bank Plc, Mr. Louis Odom; Executive Director, Mr. Akin Ogunranti; Managing Director/Chief Executive, Vetiva Advisory Ltd, Mr Chuka Eseka; Group Managing Director/Chief Executive, Zenith…
Pace setting Fidelity Bank MD, Nneka Onyeali-Ikpe clocks 60
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank There is tremendous excitement in the air as the first female Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe clocked…
Access Bank revamps QuickBucks, disburses N740bn digital loans in 7yrs
By Ngozi Onyeakusi---Access Bank has revamped its digital loan platform ’QuickBucks’, to boost lending across Nigerian consumers. The bank said customers can access the bank’s digital loans for businesses, vehicle…
MFBs Assets’ Value Hit N2.8trn In Q2 2024
Despite the economic headwind, the microfinance banking sector has continued to record impressive performance in all key assessment parameters with the sub-sector’s total assets reaching trillion, representing a 91…
BVN Enrolments Surge by 854,267 to 62.7m in Two Months
Enrolment for the Bank Verification Number (BVN) by bank account owners surged to million as of July 2024, recent data from the Nigeria Inter-Bank Settlement System (NIBSS), has revealed. This…
Access Bank Wins Euromoney Awards for Excellence 2024
Receives accolades for ‘Best Bank’ and ‘Best Bank for ESG’ By Ngozi Onyeakusi--- Access Bank has been honoured at the Euromoney Awards for Excellence 2024, being named Nigeria’s Best Bank…
DBN gets accreditation to disburse green fund
The Development Bank of Nigeria has received accreditation from the Green Climate Fund, to access green financing for Nigeria’s manufacturing sector, among others. In a statement, DBN Managing Director Tony…
Nigeria’s debt service ratio dropped by 29% in 1 year – Edun
Nigeria’s Finance and Coordinating Minister of the Economy, Wale Edun, on Thursday, reported a dramatic drop in the debt service ratio from an alarming 97 per cent in June 2023…
Again, CBN Increases Interest Rate To 26.75%
CBN Governor, Olayemi Cardoso By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has again inceased the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from to…
