Archives for MONEY MARKET - Page 87
FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR FOR 2023
Adesola-Adeduntan-MD_CEO FirstBank- First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the 2023 edition of its Nigeria Economic Outlook event. The virtual event themed…
Digital Literacy: Polaris Bank partners NYSC, NerdzFactory to build capacity of 5,000 Corps Members
In line with its Corporate Social Responsibility(CSR) drive, Polaris Bank in partnership with the National Youth Service Corps (NYSC) and NerdzFactory has commenced a high-impact capacity-building workshop on digital skills…
Final Countdown Commences for Wema Bank’s 5for5 Promo Season 2 Grand Finale
The second edition of the ALAT 5for5 promo, a six-month-long mega reward programme, is set to witness an all-action finale this month that will see both new and existing customers…
CBN injects $15.3bn to stabilise naira
The Central Bank of Nigeria injected $ into the economy to stabilise the value of the naira from January to October, 2022. This was obtained in the banking sector regulator’s…
Inflation drops slightly, production costs remain high
Nigeria’s headline inflation fell from per cent in November 2022 to per cent in December 2022 according to the National Bureau of Statistics. In 2022, the country’s inflation rate rose…
CBN Governor Resumes Work, Remains Committed To Oath Of Office
Emefiele By Ngozi Onyeakusi---Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has resumed duty after weeks of suspense about his whereabouts. The Director, Corporate Communications of the CBN, Osita Nwanisobi,…
Access Bank restates commitment to deepen presence in Kenyan market
Sub-Saharan Africa’s largest lender, Access Bank PLC, has cited the failure to fulfil some requisite conditions as the reason for calling off the proposed acquisition of Sidian Bank. The discontinuation…
Bank borrowing from CBN rises 260% to N21.87tn
Banks Deposit Money Banks borrowed the sum of from the Central Bank of Nigeria via the Standing Lending Facility window and Repurchase Lending platform in 2020, according to the CBN…
Heritage Bank Emerges CBN’s Best Supporting Bank
Ag MD - Akinola_Goerge-Taylor Heritage Bank Plc, one of Nigeria’s most innovative service providers, has emerged as the first financial institution in Nigeria to win the “Best Supporting Bank with…
Wema Bank Emerges Best Performing Financial Stocks in 2022 – Report
By Ngozi Onyeakusi---Wema Bank Plc's stocks emerged as the best-performing financial stocks on the Nigerian Exchange during the 2022 financial year. In a report titled "The Best Performing Stocks in…
