Archives for MONEY MARKET - Page 76
FG Pledges More Dollar Supply to Stabilise Naira
The federal government has disclosed that it may inject some foreign exchange into the economy to shore up the value of the naira while market forces stabilise. The Special Adviser…
BCW Launches Ground-breaking New Framework for Moving People Â
BCW, the leading global communications agency, has introduced its cutting-edge approach to uncovering the key insights that drive behaviour. It combines behavioural science, research, data analytics and digital trend mapping…
Oye, Okonjo-Iweala To Discuss Nigeria’s Opportunities At World Chambers CongressÂ
The national president of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Oye and the director-general of the World Trade Organization(WTO), Dr Ngozi Okonjo-Iweala is…
Power projects: FG secures $750m World Bank loanÂ
The World Bank Group has approved a loan of $750m to boost Nigeria’s power sector, The PUNCH has learnt. The loan with project ID P174622 was approved on June 9,…
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 – CPPEÂ
 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 2023Â from N44bn in the same period last year, according…
Nigeria’s Debt Profile to Hit N81 Trillion Following FX Rates UnificationÂ
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- Â 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…
