Archives for MONEY MARKET - Page 64
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…
N3b Fraud: Elixir for arraignment October 9
Left to right: Clara-Bittinger Mshelia-Whyte and Sarah Ogbemudia both Directors of Elixir Asset Management Limited, Elixir Investment Partners Limited during their arraignment along with their companies for allegedly defrauding members…
DBN empowers over 1,000 MSMEs in North
The Development Bank of Nigeria (DBN) in continuation of its capacity development training programmes for Micro, Small and Medium Enterprises (MSMEs) in Nigeria, has organised a one-day training for over…
Govt to shut online banks pestering debtors
The Federal Competition and Consumer Protection Commission has said it will delist any loan application harassing customers and ask Google to permanently delete such apps from its app store. This…
Experts Caution FG On New Borrowings
President Tinubu Experts in the financial services industry urged the Federal Government to explore Public Private Partnership (PPP) option in addressing the country’s infrastructural challenges. They also urged government to…
