Archives for MONEY MARKET - Page 8
IMF Upgrades Nigeria’s 2025 Growth Outlook to 3.4%, 3.2% for 2026
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward, projecting a Gross Domestic Product (GDP) growth of per cent in 2025 and per cent in 2026. This…
FIRS halts issuance of tax exemption certificates
The Federal Inland Revenue Service has discontinued the issuance of tax exemption certificates to all categories of taxpayers, including pioneer status companies, non-governmental organisations, and free zone entities. In a…
$100 Billion Investment Agenda: The African Union, GIZ, Sterling One Foundation Rally Private Sector to Invest in Africa’s Women and Youth
BY NGOZI ONYEAKUSI L–R: Dr. Nadi Albino, Deputy Director, UNICEF; Prudence Ngwenya, Director, Women, Gender & Youth Directorate (WGYD), African Union Commission (AUC); Olapeju Ibekwe, CEO, Sterling One Foundation; and…
USSD Wahala Reloaded: Are Telcos Quietly Dipping into Your Airtime?
Elvis Eromosele By Elvis Eromosele In Nigeria, one phrase captures the endless stream of troubles that trail daily life, "Wahala no dey finish." This timeless street slang now finds fresh…
Wale Edun Inaugurates New NDIC Management
BY NGOZI ONYEAKUSI The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has inaugurated the new Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance…
Union Bank Rewards Customers with ₦5 Million Each in Save & Win Palli Promo
BY NGOZI ONYEAKUSI Union Bank of Nigeria has proudly concluded the fourth edition of its acclaimed Save and Win Palli Promo, awarding three fortunate customers a life-changing ₦5 million…
Fidelity Bank Empowers SMEs With Business Management Systems
BY NGOZI ONYEAKUSI L – R: Divisional Head, Product Development, Osita Ede; Executive Director -Lagos and SouthWest, Ken Opara (both of Fidelity Bank Plc); Chief Executive Officer, Manmark, Adaonah Kene-Uyawune;…
Sterling One Foundation, UN Set the Stage for Africa’s Next Leap at ASIS 4.0
L–R: Olatunji Mayaki, Chairman, Board of Directors, Sterling Bank; Kunle Elebute, Former Chairman, KPMG Africa & Senior Partner, KPMG Nigeria; Foluso Phillips, Chairman, Phillips Consulting; Folasade Bada Ambrose,…
Eight banks surpass recapitalisation target, 11 breach non-performing loan cap
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday, disclosed that eight deposit money banks have already surpassed the new minimum capital requirement under the ongoing recapitalisation exercise.…
CBN HOlds MPR Steady At 27.5%
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged at for the third…
