Archives for MONEY MARKET - Page 64
Currency in circulation falls to N2.59tr
The amount of currency in circulation in the country dropped from at the end of June 2023 to trillion at the end of July 2023. The last time the currency…
Ecobank To Promote Ease Of Cross-Border Business Via Foreign Currency Transfer On Mobile, Omnilite Apps”
By Ngozi Onyeakusi---Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions,…
Payment System Stakeholders To Discuss Digital Infrastructure At FICAN Confab
By Ngozi Onyeakusi---In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria's…
Economist warns against corruption in implementation of presidential palliatives
...Says tax reform committee will create new revenue ideas Chief Marcel Okeke By Ngozi Onyeakusi---An economist, Mr. Marcel Okeke has warned that corruption could derail President Bola Ahmed Tinubu's…
Banks Barred From Dismissing Loans Granted To Directors
Banks By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has issued a directive stopping banks from writing off loans extended to their directors and associates without its approval. The directive…
CBN set to name, shame banks involved in forex round tripping
By Ngozi Onyeakusi---Central Bank of Nigeria CBN said it has resolved to name and shame bank involved in foreign exchange round tripping. The apex bank said this while reacting to…
NSITF social safety net goes digital
In a bid to match global standards in social safety net as orchestrated by the International Labour Organization (ILO), the Nigeria Social Insurance Trust Fund (NSITF) says it has introduced…
ACAMB SET FOR 2ND NATIONAL STAKEHOLDERS’ CONFERENCE 2023
…to discuss marketing financial services in dynamic times. Lagos, Nigeria – August 09, 2023: The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communication…
Wema Bank, enza Group Partner to Boost Ecommerce Payment
L-R: Divisional Head, Payment Business, Wema Bank, Damola Bolodeoku, CEO of enza, Hany Fekry and Wema Bank's Executive Director of Retail and Digital Business, Tunde Mabawonku at the unveiling of…
Amina Mohammed, Abubakar Suleiman, Joyce Banda, Matthias Schmale, Oyeyinka to Headline Africa Social Impact Summit 2023
By Ngozi Onyeakusi---Renowned global figures Amina Mohammed, Abubakar Suleiman, Joyce Banda, Matthias Schmale and Professor Oyebanji Oyelaran-Oyeyinka are set to take center stage as headliners at the forthcoming Africa Social…
