Archives for MONEY MARKET - Page 97
Stanbic IBTC Bank Nigeria PMI® – Business conditions continue to improve in October
Output and new orders continue to expand, albeit at softer rates Purchasing activity increases at sharp and accelerated pace Inflationary pressures cool, but remain historically strong. The start of the…
Buhari approved naira redesign, says CBN
The Central Bank of Nigeria (CBN) has insisted that it followed the law and due process in the ongoing Naira notes redesigning exercise, which it said was 12 years due.…
Naira Redesign: FG disowns Emefiele, LCCI says exercise has no economic benefit
Barely Forty-Eight hours after the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele announced that the apex bank would redesign the country’s currency December 15. 2022, the Federal Government…
FIRST BANK PARTNERS CFA TO HOST ANNUAL UNIVERSITIES ETHICS CHALLENGE
Adesola Adeduntan - First Bank CEO By Ngozi Onyeakusi---First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to…
Unity Bank Declares N2.2bn Profit in 2022 Q3, Gross Earnings soar by 17%
Unity bank logo By Ngozi Onyeakusi---Retail lender, Unity Bank Plc has declared a billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to…
Union Bank Bags Global Finance Award for Best SME Bank in Nigeria
By Ngozi Onyeakusi ---Union Bank of Nigeria ‘Union Bank’ has been named as the Best Small and Medium Enterprises (SME) bank in Nigeria by Global Finance - a leading financial…
Flood threatens N1.9tn CBN agric schemes, losses mount
The devastation caused by floods on hundreds of thousands of hectares of farmlands across the country currently poses a threat to the various agricultural schemes of the Central Bank of…
How CBN injected N5tr to support businesses, economy’
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) and Federal Government collectively mobilised and injected N5 trillion to support households and businesses in the face of daunting economic challenges triggered…
Massive Opportunities Abound In Agriculture – Sterling Bank
By Ngozi Onyeakusi---Sterling Bank Plc, Nigeria’s leading commercial bank, has said there are massive opportunities in the agricultural sector of the Nigerian economy for those who are prepared to work…
REMARKS BY CBN GOVERNOR GODWIN EMEFIELE ON ISSUANCE OF NEW NAIRA BANKNOTES
Naira Good afternoon Ladies and Gentlemen, and welcome to this special press briefing of the Bank. We have called this gathering to inform relevant stakeholders and the general public of…
