Archives for MONEY MARKET - Page 56
Currency in circulation rises to N2.7tn – CBN report
⁹ Currency in circulation in Nigeria jumped by as cash transactions increased. Figures obtained by The PUNCH from the Central Bank of Nigeria’s data on CIC revealed on Thursday that…
CBN launches e-platform for licensing MfBs
Central Bank of Nigeria (CBN) has unveiled a new online platform called the CBN Licensing, Approval and Other Requests Portal (CBN LARP) for the submission of microfinance bank (MfB) licence applications.…
HACKAHOLICS DIGITAL SUMMIT 2023: WEMA BANK LAUNCHES AFRICA’S LARGEST GATHERING OF INNOVATORS, OTHERS
Wema Bank logo By Ngozi Onyeakusi---Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023,…
Tackling Digital Threats Requires Stakeholders Collaboration – UBA
L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United…
FIRS Rakes In 18% GDP To Tax Ratio In Three Years
By Ngozi Onyeakus---Federal Inland Revenue Service, FIRS, has said it increased Nigeria’s tax to Gross Domestic Product, GDP, ratio from percent to percent in 2022, through various reforms. The Director,…
NDIC SETS TO PAY FIRST LIQUIDATION DIVIDEND TO DEPOSITORS & EX-STAFF OF DEFUNCT PEAK MERCHANT BANK
NDIC MD By Ngozi Onyeakusi---As the official Liquidator of the failed Banks in Nigeria, the Nigeria Deposit Insurance Corporation (NDIC), in line with its mandate wishes to inform the depositors…
IMF, World Bank to decide Monday on October meetings in earthquake-hit Morocco
The International Monetary Fund and World Bank will decide on Monday whether to proceed with Oct. 9-15 annual meetings in earthquake-hit Morocco after completing a “thorough review” of…
Ecobank Introduces “EPAC Studios” To Promote Africa’s Creative Industry
… Calls For Collaboration And Partnership By Ngozi Onyeakusi--- Ecobank Nigeria has opened a creative studio for the promotion of talents and creativity across the African continent. Known as…
NCC harps on Collaboration to strengthen payment system
L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United…
Ecobank Announces Back-to-School Packages for Customers
Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 school year. In…
