Archives for MONEY MARKET - Page 91
Nigeria’s N42.84tri Debt Stock: CISLAC, Christian Aid Come Up With Recommendations To Stop Continuous Borrowing
By Ngozi Onyeakusi---Civil Society Legislative Centre (CISLAC) in partnership with the Christian Aid have come up with recommendations following a research conducted on the increasing role of private creditors in…
Nigeria’s infrastructure quality low, says World Bank
IMF logo The World Bank has described the level and quality of infrastructure in Nigeria as low despite the Federal Government’s claim of borrowing to finance infrastructure. In its Nigeria…
Ecobank Nigeria Appoints Carol Oyedeji Deputy Managing Director
The Board of Ecobank Nigeria has announced the appointment of Carol Oyedeji as a Deputy Managing Director. The appointment of Mrs. Oyedeji, , has since been approved by the Central…
Polaris Bank empowers SMEs, sponsors The Fashion Souk
By Ngozi Onyeakusi---Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The Bank in a statement gave this assurance while disclosing…
Union Bank Unveils Brand New Sonic Identity – The Sound of Union
By Ngozi Onyeakusi-- Union Bank of Nigeria has launched a brand-new sonic identity tagged ‘The Sound of Union. At 105 years, the Bank is now leveraging the universality of music…
Stanbic IBTC Bank Nigeria PMI® – New order growth hits six-month high in November
Business conditions continued to improve markedly in the Nigerian private sector during November amid improving demand and higher customer numbers. In turn, firms expanded their purchasing activity and employment. That…
MSMEs: Experts Highlight Benefits Of Complying With Government Directives
By Ngozi Onyeakusi---The need for the Micro, Small and Medium Enterprises (MSMEs) in the country to comply with various government directives took centre stage at the just concluded 2-day Stakeholders’…
CBN pays N81bn rebate to non-oil exporters
The Central Bank of Nigeria said the non-oil export proceeds repatriated into Nigeria soared to $ in 2022 from $ recorded in 2021. The bank further said in a bid…
Sterling Bank Empowers 1,000 youths
By Ngozi Onyeakusi--- Sterling Bank Plc, Nigeria’s leading commercial bank, has partnered with Nigeria Jubilee Fellows Programme (NJFP) to sponsor 1,000 fellows during this year’s training programme. Managing Director and…
FG borrows N24tn from CBN amid fiscal risks
The Federal Government has borrowed from the Central Bank of Nigeria through Ways and Means Advances in 10 months. This has pushed the Federal Government’s borrowing from the CBN from…
