Archives for MONEY MARKET - Page 94
2023 first offer: DMO releases Savings bonds
By Ngozi Onyeakusi--- The Debt Management Office (DMO) has announced its first bonds issuance for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for subscription. According to a statement…
Stanbic IBTC Bank Nigeria PMI: Output prices rise at second-fastest pace on record
Customer demand improved again in the Nigerian private sector at the end of 2022, supporting further rapid increases in both new orders and business activity. In turn, firms took on…
Tax Clearance Certificate, Now Available In “One Click” Says FIRS
By Ngozi Onyeakusi--The Federal Inland Revenue Service (FIRS) has announced that taxpayers can now get their Tax Clearance Certificate in a single click via its flagship Taxpro Max solution. The…
Wema Bank Appoints Moruf Oseni MD/CEO As Ademola Adebise Bows Out
Moruf Oseni MD/CEO By Ngozi Onyeakusi---Wema Bank Plc. has announced the retirement of its Managing Director/CEO, Ademola Adebise. He will be proceeding on terminal leave from January 2nd, 2023, after…
Naira Redesign: We ordered 500m new notes, says CBN
Emefiele Against the backdrop of complaints by the banking public that banks are not dispensing enough of the redesigned Naira notes the Governor of Central Bank of Nigeria, CBN, Mr…
Towards A Stronger Union – Year 105 in Review
2022 was a remarkable year for Union Bank of Nigeria. The leading financial institution celebrated its 105th year of serving Nigerians with the announcement of the completion of a landmark…
Tax & Technology: FIRS Celebrates Management Team for Global Recognitions
By Ngozi Onyeakusi---The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami has joined members of the Board, management and staff in felicitating with two members of…
CBN reviews cash withdrawal limits to N500,000 for individual, N5,000,000 for Corporate
Central Bank of Nigeria has bowed to public outcry on the cash withdrawal limits and has reviewed the amount individual and corporate can withdrawal in a week upwards. The apex…
CBN may withdraw banks’ forex license over diaspora remittances
The Central Bank of Nigeria, CBN, yesterday, threatened to withdraw foreign exchange dealership licences of banks that partner with International Money Transfer Operators, IMTOs, to violate its directive that beneficiaries…
Sterling Bank Introduces MBN, set to showcase best of Nigeria at maiden fair
L-R: Oluwatobi Ajayi, Chairman, Nord Automobiles Limited; Ifedayo Agoro, Chief Executive Officer, Dang Lifestyle; Abubakar Suleiman,Managing Director and Chief Executive Officer, Sterling Bank Plc; Ibidapo Martins, Chief Marketing Officer, Sterling…
