CBN injects $195 million into currency market
CBN injects $195 million into currency market Central Bank of Nigeria (CBN) said on Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to…
Heritage Bank, US, NCMM support in positioning creative industry as alternative to crude oil
Heritage Bank, US, NCMM support in positioning creative industry as alternative to crude oil HERITAGE Bank Plc is fast stimulating economic diversification through support for the Nigerian creative industry…
UBA wins big at InterSwitch Awards
UBA wins big at InterSwitch Awards PAN-African financial services group, United Bank for Africa (UBA) Plc, has once again added to its growing list of laurels by emerging best institution…
Heritage Bank reiterates commitment to Nigeria’s entertainment industry
Heritage Bank reiterates commitment to Nigeria’s entertainment industry HERITAGE Bank Plc has reiterated its commitment to the growth and development of Nigeria’s creative industry because it is a major…
Four Nigerian banks trade below minimum liquidity ratio -MPC members
Four Nigerian banks trade below minimum liquidity ratio -MPC members FOUR Nigerian banks are operating with too many non-performing loans on their books and with liquidity ratios below the…
FX market in doldrums as funds offer dollars at premium -traders
FX market in doldrums as funds offer dollars at premium -traders OFFSHORE funds in Nigeria offered on Wednesday to sell the dollar at close to its black market rate,…
Heritage Bank, Cross River, Ita Giwa join forces on Climate Change
Heritage Bank, Cross River, Ita Giwa join forces on Climate Change HERITAGE Bank Plc, has aligned forces with Cross River State and Senator Florence Ita Giwa-led Seagull Band to educate…
FMDQ approves registration of the Wema Bank N50bn commercial paper
FMDQ approves registration of the Wema Bank N50bn commercial paper FMDQ OTC Securities Exchange (FMDQ) welcomed the commercial paper (CP) programme registration of Wema Bank Plc, the Wema Bank N50…
CBN plans N140 bln treasury bill sale next week
CBN plans N140 bln treasury bill sale next week CENTRAL Bank of Nigeria (CBN) is planning to sell billion worth of treasury bills at an auction next week. The…
CBN reforms capital importation to attract foreign investors
CBN reforms capital importation to attract foreign investors THE Central Bank of Nigeria (CBN) on Monday will start issuing electronic certificates for capital imported into the country, in a…