Archives for MONEY MARKET - Page 9
Photo: NDIC Pays Working Visit To Minister of State Finance Dr. Uzoka-Anite
The Management of the NDIC led by the MD/CE NDIC, Mr. Bello Hassan (3rd from left) on a working visit to the Honourable Minister of State Finance, Dr. Doris Uzoka-Anite…
Is There a Hidden Liquidity Crisis in the Nigerian Banking System?
By Elvis Eromosele The Nigerian banking system, once celebrated as the backbone of the nation's economy, is facing a glaring paradox. Customers walk into bank branches daily to access…
OPS fears SMEs’ collapse as cash scarcity lingers
The Organised Private Sector has joined the call on the Central Bank of Nigeria to address the cash scarcity witnessed nationwide, stressing that the country is not developed enough for…
Currency Outside Banks Hits N4.29tn, 94.2% of Currency in Circulation
The Central Bank of Nigeria (CBN) said currency outside banks in Nigeria surged to a record high of trillion in October 2024, accounting for per cent of the total currency…
African Development Bank, Project Management Institute sign partnership to strengthen capacity building
By NGOZI ONYEAKUSI In a significant move to further strengthen the internal capacity of its staff through a structured project management training and certification programme, the African Development Bank…
ACCESS BANK SIGNS AGREEMENT TO ACQUIRE 100% EQUITY STAKE IN SOUTH AFRICA-BASED BIDVEST BANK
BY NGOZI ONYEAKUSI Access Holdings Plc has announced that its banking subsidiary, Access Bank Plc, has entered into a binding agreement with South Africa-based Bidvest Group Limited for the acquisition…
CBN Reiterates Validity of Old N1000, N500, N200 Notes
BY NGOZI ONYEAKUSI The Central Bank of Nigeria (CBN) has reiterated the validity of old ₦1000, ₦500, and ₦200 banknotes currently in circulation. The apex bank in a statement signed…
CITN Lauds FG’s Tax Policies, Reforms
BY NGOZI ONYEAKUSI President, CITN The President of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Samuel Agbeluyi, has commended the Federal Government’s efforts to reform the country’s tax…
Polaris Bank Partners Amtis Skills Place to Empower Young Designers
In its determination to produce the next generation of young designers who will go on to capture the imagination of the world in fashion, Polaris Bank partnered, with Amtis Skills…
Association of Professional Women Bankers Set to Host 2024 Event on Positioning for Economic Shifts and Global Trends
BY NGOZI ONYEAKUSI The Association of Professional Women Bankers (APWB) is proud to announce its highly anticipated 2024 Marquee Event, a distinguished evening designed to inspire, educate, and empower professionals…