Archives for MONEY MARKET - Page 80
Union Bank Partners IFC to Support Trade, SMEs
L-R: Babatunde Obaniyi, Business Lead, Financial Institutions Group, Anglophone West & Central Africa, IFC; Gokhan Kont, New Business Manager, Financial Institutions Group, Nigeria, Eastern & Southern Africa, IFC; Mudassir Amray…
CBN Vows To Prosecute Sellers, Abusers of Naira, Works with Police Others
Emefiele The Central Bank of Nigeria (CBN) says it is working with the police and other law enforcement agents to deal with anyone found guilty of selling or abusing the…
New Notes: CBN directs banks to pay each customer N20, 000 maximum over the counter
The Central Bank of Nigeria on Thursday directed Deposit Money Banks (DMBs) to start paying the new naira notes to customers over the counter but with the proviso that such…
Banking halls empty as naira scarcity worsens
Banking halls across various commercial banks in Lagos, Osun, Ekiti, and other parts of the country witnessed minimal activity as frustrated customers resorted to alternative means of cash withdrawal following…
‘Public service recognition a morale booster for us’, FIRS
The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that his recognition by the LEADERSHIP Awards as the Newspaper’s Public Service Person of the Year 2022…
Fidelity Bank grows profit to N52 billion for FY 2022
MD/CEO, Fidelity Bank By Ngozi Onyeakusi---Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in…
Naira Redesign: No Nigerian Will Lose Money – Emefiele
...Stands on February 10, 2023 Deadline for Legal Status of Old Banknotes By Ngozi Onyeakusi--The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured that no…
DSS arrests syndicate selling new naira notes, fingers bank officials
PoS operators charge 10% …Money outside banks declines …Banks reduce old notes OTC withdrawal to N10,000 …Customers’ frustation over new Naira notes continues The Department of State Services, DSS, has…
Nigerians Imported N1.8trn Of US-Used Vehicles In 6 Years
As Nigeria continues to exist without a law guiding the automotive sector to attract investors and enable citizens to purchase new cars with ease and affordable prices, data from the…
Inflation: LCCI Tasks FG, CBN on Support for Agriculture, Manufacturing
LCCI DG, Chinyere Almona The Lagos Chamber of Commerce and Industry (LCCI) has tasked the federal government and the Central Bank of Nigeria (CBN) to focus more on policies that…
