Archives for MONEY MARKET - Page 57
NDIC Commences Liquidation Of Heritage Bank
NDIC MD By Ngozi Onyeakusi---Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) today, June 3, 2024 and the appointment of…
CBN Revokes Heritage Bank’s Operating Licence
CBN Revokes Heritage Bank's Operating LicenceBy Ngozi Onyeakusi---The Central Bank of Nigeria (CBN), in accordance with its mandate to promote a sound financial system in Nigeria and in exercise of…
FOR SECOND CONSECUTIVE YEAR, ZENITH BANK NAMED MOST SUSTAINABLE BANK IN NIGERIA IN INTERNATIONAL BANKER AWARDS 2024
Zenith Bank logo By Ngozi Onyeakusi---Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second consecutive…
Ecobank Nigeria Announces Third Edition of ‘Adire Lagos Experience’
By Ngozi Onyeakusi---Ecobank Nigeria says it has concluded plans to host the third edition of ‘Adire Lagos Experience’. The planned four days exhibition will take place at the ultra-modern Ecobank…
FIRST BANK POSTS N238.53BN PBT IN Q1 2024
FBN Holdings Plc declared billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about growth from the billion reported in…
CIBN, ACAMB Partner To Promote Customer Satisfaction
By Ngozi Onyeakusi---The need to bolster customer experience took the center stage at the Association of Corporate Affairs Managers of Banks' (ACAMB) Stakeholders Conference 2024 held in Lagos The Conference…
ZENITH BANK INTRODUCES NEXT GENERATION DIGITAL SCREEN AT AJOSE ADEOGUN ROUNDABOUT
Outgoing Group Managing Director/Chief Executive, Zenith Bank Plc, Dr. Ebenezer Onyeagwu (2nd Right) flanked by Executive Director, Mr. Akin Ogunranti (1st Right); Executive Director, Dr. (Mrs.) Adobi Nwapa (3rd Right)…
Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta
By Ngozi Onyeakusi---Union Bank of Nigeria, as part of activities marking this year’s celebration of International Children’s Day and further to the financial institution’s support for the growth of the…
BDC operators urge CBN to reverse recapitalisation guidelines
The Association of Bureau De Change Operators of Nigeria has demanded that the Central Bank of Nigeria reverse the new capital requirement for its operations. In a circular issued last…
Currency outside banks falls by N27bn
Currency Outside Banks, CoB, fell month-on-month (MoM) by billion or percent to trillion in April from trillion in March 2024. The Central Bank of Nigeria, CBN, Money and Credit data…
