Archives for MONEY MARKET - Page 65
CBN Issues Further Guidance on Operational Changes to FOREX Market
By Ngozi Onyeakusi---Following the Central Bank of Nigeria (CBN) press statement of June 14, 2023, on new guidelines in the foreign exchange market, an extraordinary Bankers' Committee meeting was held…
Exchange: Unification will boost govt’s revenue by N4trn – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has lauded the bold step taken by President Bola Tinubu administration towards the unification of the naira exchange rate, saying it will…
Manufacturers paid N62bn tax in Q1 – NBS
MAN logo The Company Income Tax that manufacturers paid rose by 29 per cent to N62bn in the first quarter of 2023 from N44bn in the same period last year, according…
Nigeria’s Debt Profile to Hit N81 Trillion Following FX Rates Unification
Debt illustration Nigeria’s debt profile has jacked up to N81 trillion following the latest Naira devaluation by the Central Bank of Nigeria (CBN). Daily Trust reports that the CBN…
Nigeria’s Inflation Rises To 22.41% In May
By Ngozi Onyeakusi---Nigeria’s inflation rate, rose to per cent in May 2023 against April figure of per cent said report from National Bureau of Statistics (NBS). May 2023 inflation rate…
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING
Adesola-Adeduntan-MD_CEO FirstBank- In December 2015, the share price of First Bank of Nigeria Limited was trading around band. About seven years later, precisely last December, the value held tightly…
At Polaris Bank, we are Positioning for Digital leadership, Market Dominance Says CEO, Adekunle Sonola
CEO Polaris Bank, Sonola Leading digital financial institution, Polaris Bank has assured its customers, financial sector stakeholders, and regulators that the Bank passed its road to recovery years back.…
IT’S FIRSTBANK’S FINEST HOUR
Dazzles stakeholders with growth across key metrics Adesola Adeduntan - First Bank CEO Rising from a lower profit margin of and a debilitating Non-Performing Loan portfolio of 45 per…
Jimoh Ibrahim Loses Appeal To Recover Seized Assets From AMCON
Jimoh Ibrahim The Court of Appeal Lagos State Division has dismissed an appeal brought before it by Barrister Jimoh Ibrahim, the chairman of Global Fleet Group who is challenging the seizure of 12 of his assets…
Photo: Wema Holds SME Learning Series
L-R: Oluwatosin Adesina, Product Owner, Gender Banking, Wema Bank; Abiola Nejo, Head Gender Banking & Workplace, Wema Bank and Jonathan Ikeolumba, Certified BDSP at Enterprise Development Centre at the SARA…
