Archives for MONEY MARKET - Page 93
Food Inflation Soars Higher To 23.72% In October 2022
By Ngozi Onyeakusi-- The National Bureau of Statistics has disclosed that Nigeria’s food inflation rate has risen to per cent in October from per cent recorded in October 2021 (…
NDIC CRITICAL TO FINANCIAL INCLUSION ACHIEVEMENT
NDIC MD The Nigeria Deposit Insurance Corporation (NDIC) is playing a critical role in contributing to the objectives of the National Financial Inclusion Strategy (NFIS) through the provision of deposit…
Unity Bank, Kitian Training Hub Partner to Empower Over 300 Youths with Digital Skills
CAPTION: A cross-section of the participants of the Skill Up training In a bid to promote SDG 8 for decent work and economic growth, Nigerian lender, Unity Bank Plc is…
Banks’ consumer loans decline 17% as CBN tightens money supply
Banks For the first time in three years, banks reduced consumer loans by 17 per cent (N400 billion), in one month, following a decline in money supply triggered by the…
CBN releases $3.5bn for foreign education under Buhari
Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s educational sector suffered massive capital flight during the regime of the President, Major General…
Naira Redesign: CBN Moves to Protect Unbanked, Vulnerable in Rural Communities
The Central Bank of Nigeria (CBN) yesterday reiterated its commitment to the seamless implementation of the naira redesign project to achieve its fundamental objectives. It also pledged to shield vulnerable…
Ecobank Fintech Breakfast: Stakeholders Advocate Sound Corporate Governance
Operators in the banking industry have been advised to put in place sound corporate governance principles and policies and also package their business proposals to attract potential investors. This was…
FBNBANK UK STANDS TALL AT 40, APPRECIATES CUSTOMERS, REGULATORS
By Ngozi Onyeakusi---FBNBank UK, a subsidiary of FirstBank Group had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November…
Pharez Obioha,11, Emerges Winner, United Capital ‘A Day As CEO’
By Ngozi Onyeakusi---Coming on the heels of its successful Back-to-School campaign, United Capital Plc, one of Africa's foremost investment banks and financial services institutions, has announced 11-year-old, Pharez Obioha, as…
AMCON recovers N307bn in two years
MD AMCON An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation of Nigeria has said that in two years it covered N307 billion.…
