Archives for MONEY MARKET - Page 61
FIRS Generates N5.5 Trillion In Six Months
Chairman, FIRS, Nami By Ngozi Onyeakusi---The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of trillion for the half-year period of January to June 2023. This…
Nigeria Heading Towards Debt Overhang – NECA
Debt illustration Employers Consultative Association, NECA, has admonished the federal government to implement policies to manage its debt, as the country may be heading towards a debt overhang with…
Agusto & Co. affirms Fidelity Bank’s ‘A’ rating, with Stable Outlook
Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view…
Ecobank Nigeria to Appeal Honeywell’s Purported N72 billion Court Judgement
Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell…
N471.82bn intervention loans recovered in six months – CBN
The Central Bank of Nigeria has said it recovered as cumulative repayment from the bank’s intervention programmes in the first half of 2022. According to the apex bank’s half-year report…
CBN Increases Tenure Limit for Banks’ Chief Executives to 12 Years
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has increased the tenure of the Managing Directors/Chief Executives of banks to a maximum of 12 years from 10 years. CBN, in…
Access Bank Seals Acquisition Deal With Standard Chartered Bank
L-R: Roosevelt Ogbonna, Group Managing Director, Access Bank Plc, and Sunil Kaushal, Regional CEO, Africa & Middle East, Standard Chartered at the signing of agreements for Access Bank’s acquisition of…
CBN directs banks to pay diaspora remittances to beneficiaries in naira
To use I&E window rate The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to…
AVPA, Sterling One Foundation Announce Call for Applications for Africa Social Impact Summit 2023
By Ngozi Onyeakusi---The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023, in Lagos,…
UNITED CAPITAL LAUNCHES #THISGIRLINVESTS CAMPAIGN TO PROMOTE FINANCIAL INCLUSION FOR WOMEN
United Capital Asset Management Ltd., a subsidiary of United Capital Plc, has launched #ThisGirlInvests campaign to promote financial independence and security for women across Nigeria. The campaign seeks to encourage…
