Archives for MONEY MARKET - Page 57
Chinese loan rises by $800m in one year, hits $4.73bn
Nigeria’s debt to China increased from $ as of June 30, 2022, to $ as of June 30, 2023, showing an increase of $800m in one year. It is an…
Be Cyber Security Conscious, Ecobank Advises Customers
By Ngozi Onyeakusi---Ecobank Nigeria has advised its customers and stakeholders to stay safe online and boost their cybersecurity initiatives against the rising activities of cyber criminals. In a message to…
City of Houston, Texas, USA proclaims October 25 as FITCC Day
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi---In recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, Texas and Nigeria, the…
Financial System Stability: NDIC Lauds Judiciary on Better Understanding of Deposit Insurance Practice
Financial System Stability: NDIC Lauds Judiciary on Better Understanding of Deposit Insurance Practice The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary on its better understanding of the deposit…
Tinubu to present N26.1trn 2024 budget November
President Bola Tinubu will present the proposed 2024 budget estimates to joint session of the National Assembly early next month, the Senate revealed on Wednesday. Ahead of the presentation, the…
Access Bank to splash Millions of Naira on Customers in Xtrawins Transact & Win Campaign
By Ngozi Onyeakusi---Access Bank, Nigeria’s top financial institution with a global presence is set to splash millions of Naira and mouth-watering freebies on its existing and new customers. The campaign…
Fidelity Bank boosts Nigeria’s Non-oil Exports with FITCC Houston
…Signs $40million deal with AFREXIM Bank and JohnVents Industries for cocoa export Standing: Simisola Ojumu, Managing Director, Regius Asset Management (a subsidiary of JohnVents Industries Ltd); and Prof Benedict Oramah,…
Ecobank Nigeria Marks 10th anniversary, Promotes Digital Skills Among Young People
By Ngozi Onyeakusi---Ecobank Nigeria, an affiliate of Ecobank Group, the leading pan-African banking group, in partnership with Opolo Global Innovation Ltd has embarked on the promotion of digital skills among…
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…
