Archives for MONEY MARKET - Page 56
Access Holdings Leads in PBSI Ranking
In recognition of its outstanding performance, Access Holdings PLC has been named the leading Tier-1 Bank in the 2024 Proshare Bank Strength Index (PBSI) report. The PBSI, which evaluates…
DBN Announced as Partner for the Africa Social Impact Summit 2024
Dr. Tony Okpanachi, Managing Director and CEO of the Development Bank of Nigeria (DBN), and Mrs. Olapeju Ibekwe, CEO of Sterling One Foundation Sterling One Foundation, co-conveners of the…
Union Bank Announces Employee Promotions, Celebrats Dedication, Excellence
By Ngozi Onyeakusi---Union Bank of Nigeria has announced the promotion of 337 employees across various departments. This significant milestone underscores the bank’s commitment to recognising and rewarding the hard work,…
CBN parleys OPS to boost productive sector
The Central Bank of Nigeria (CBN) recently hosted a dialogue between the Organised Private Sector (OPS) and relevant stakeholders to explore strategies for enhancing Nigeria’s productive sector. The meeting held at the…
Discrepancy in account names delaying Heritage Bank customers’ payment: NDIC
NDIC MD The Nigeria Deposit Insurance Corporation (NDIC) says account name discrepancies in Bank Verification Numbers (BVN) linked to the alternate accounts of some defunct Heritage Bank customers are delaying the…
Ecobank Nigeria Launches Super Rewards ‘Millionaire Geng Promo’
To Reward over 500 Customers’ for Loyalty Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group, has unveiled a deposit mobilisation campaign ‘Ecobank Super Rewards ‘Millionaire…
Concern as Nigeria’s Debt Repayment Exceeds Recurrent, Capital Expenditure – CFG
By Ngozi Onyeakusi --- Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria's debt repayment now exceeds both recurrent and capital expenditure. This…
Why investors will buy Fidelity Banks offers, by capital market stakeholders
Fidelity Bank logo By Ngozi Onyeakusi--Fidelity Bank Plc started its billion combined rights and public offers to a rousing support from the investing public as key capital market stakeholders recalled…
Ecobank’s “Adire Lagos” Opens In Grand Style With Over 100 Exhibitors
… Thousands throng fair By Ngozi Onyeakusi---The annual Ecobank “Adire Lagos” exhibition has taken off in grand style with over 100 exhibitors showcasing their wares. The 4-day fair which opened…
CBN Says No Plans to Revoke Additional Banking Licences
Following the recent revocation of the operating license of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there were currently no further plans to withdrawal…
