Archives for MONEY MARKET - Page 56
Nigeria’s Foreign Debt Service Up 18% Year-on-Year to $2.56bn
Debt servicing has continued to constitute a major threat to Nigeria’s economy as the Central Bank of Nigeria (CBN) disclosed that it has spent $ billion to service the federal…
Sterling Bank’s Imperium partners JinkoSolar to revolutionise energy business
Sterling Bank logo By Ngozi Onyeakusi---In a groundbreaking move, Sterling Bank Limited’s Imperium Initiative has joined forces with JinkoSolar Holding Co., Ltd. to tackle the import challenges faced by photovoltaic…
High Exchange Rate: Cargo Import Drops To 65% At Seaports
Naira Importation into the nation’s seaports dropped down to 65 per cent in the last two weeks, due to instability of foreign exchange and devaluation of Naira, LEADERSHIP learnt. Recall…
Access Bank, EIB Partner To Empower SMEs, Women Through €50 Million Facility
Access Bank logo • Deal to provide access to finance for SMEs as an effective means to foster economic diversification and inclusive growth. • At least 30% of funding will…
We Won’t Increase Taxes, FIRS Assures Nigerians
Acting Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has assured Nigerians and corporate organisations that the FIRS will not further increase taxes despite its resolve to increase…
Polaris Bank Partners Millwater on stable Power Delivery to Industrial Clusters
L-R; Lagos Deputy Governor, Dr. Obafemi Hamzat; Vice President, Kashim Shettima; Ogun State Governor, Prince Dapo Abiodun; Executive Director Polaris Bank, Chinwe Iloghalu and Deputy Managing Director, Wema Bank, Wole…
2024: FG plans N26tn budget, debt servicing to gulp N8.25tn
The Federal Government plans to spend per cent of its planned 2024 budget on personnel and debt service costs, The PUNCH has learnt. The personnel and pension costs of and…
Unity Bank Customers Win Over N.5m In Verve Card Promo
Unity bank logo By Ngozi Onyeakusi---Unity Bank customers, Nmeregini Chukwuebuka and Sharif Yusuf Mohd have emerged as winners of 500,000 and 150,000 naira respectively in the ongoing Verve National Consumer…
STAKEHOLDERS DISCUSS ESG STRATEGIES AT ASPIRE CORONATION TRUST FOUNDATION’S 7TH BREAKFAST DIALOGUE
By Ngozi Onyeakusi---Non-profit, private and public sector professionals have been advised to adopt Environmental, Social and Governance (ESG) strategies to advance sustainable development and drive impact on the continent of…
The Alternative Bank Debuts with Spectacular Multi-City Launch
By Ngozi Onyeakusi---The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events in three major cities across the country -…
