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All Posts in "Money Market"

Banks shop for N3tn in fresh recapitalisation

Banks shop for N3tn in fresh recapitalisation

The fresh capital raised by Nigerian banks is set to hit about N2.99tn if the…
by Onah Daniel Oita — February 5, 2025 in Money Market 0
Wema Bank records N14.53bn in FX revaluation gains

Wema Bank records N14.53bn in FX revaluation gains

Wema Bank has seen its income from foreign exchange revaluation increase to N14.53bn at the…
by Onah Daniel Oita — February 3, 2025 in Money Market 0
Access Bank Appoints Uche Orji as Independent Non-Executive Director, Strengthens Board for Future Growth

Access Bank Appoints Uche Orji as Independent Non-Executive Director, Strengthens Board for Future Growth

Access Bank Plc has announced the appointment of Mr. Uche Orji as an Independent Non-Executive…
by Benjamin A Ameh — February 1, 2025 in Feature 0
ECB Cuts Interest Rates for Fifth Time as Eurozone Struggles with Sluggish Growth

ECB Cuts Interest Rates for Fifth Time as Eurozone Struggles with Sluggish Growth

The European Central Bank (ECB) took a decisive step yesterday by cutting interest rates for…
by Benjamin A Ameh — January 31, 2025 in Business 0
Outstanding $7bn FX cleared, says Cardoso

Outstanding $7bn FX cleared, says Cardoso

Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced on Wednesday that the Federal…
by Onah Daniel Oita — January 30, 2025 in Money Market 0
Access Bank Set to Host Groundbreaking Africa Trade Conference in Cape Town

Access Bank Set to Host Groundbreaking Africa Trade Conference in Cape Town

 Access Bank PLC is gearing up to host its first-ever Africa Trade Conference (ATC) on…
by Benjamin A Ameh — January 29, 2025 in Business 0
Court Overturns Mareva Injunction on General Hydrocarbons Ltd, Slams First Bank for Misleading Tactics Federal High Court in Lagos Sets Aside Asset Freeze, Citing Suppression of Facts

Court Overturns Mareva Injunction on General Hydrocarbons Ltd, Slams First Bank for Misleading Tactics Federal High Court in Lagos Sets Aside Asset Freeze, Citing Suppression of Facts

In a landmark ruling, Justice Dehinde Dipeolu of the Federal High Court, Lagos, has overturned…
by Benjamin A Ameh — January 29, 2025 in Court & crime 0
Fidelity Bank Chairman, Chike-Obi Honoured with Lifetime Achievement Award

Fidelity Bank Chairman, Chike-Obi Honoured with Lifetime Achievement Award

For his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity…
by Benjamin A Ameh — January 29, 2025 in Feature 0
Union Bank Rewards 360 Customers with N21 Million in First Save and Win Palli Promo 4 Draw

Union Bank Rewards 360 Customers with N21 Million in First Save and Win Palli Promo 4 Draw

Union Bank, Nigeria’s leading financial institution, has kicked off its Save and Win Palli Promo…
by Benjamin A Ameh — January 29, 2025 in Feature 0
Strengthening FX Governance: CBN Sets January 31 Deadline for Compliance Reports

Strengthening FX Governance: CBN Sets January 31 Deadline for Compliance Reports

The Central Bank of Nigeria (CBN) has issued a directive to all participants in the…
by Benjamin A Ameh — January 28, 2025 in Business 0

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About AmehNews

The Rise of The Ameh News

In the early 2006s, the digital era was transforming the way Nigerians consumed news. Amidst the cacophony of emerging platforms, The Ameh News quietly launched with a singular mission: to deliver accurate, timely, and impactful stories that cut through the noise.

At first, the site was a modest project driven by a small but passionate team of journalists. They worked tirelessly, often burning the midnight oil to curate stories that not only informed but empowered readers. Unlike many of its contemporaries, Ameh News rejected sensationalism, choosing instead to highlight the intricate dance of business, economy, and policy that shaped Nigeria’s future…Continue Reading

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