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All Posts in "Money Market"

Old, new naira notes remain legal tender – CBN

Old, new naira notes remain legal tender – CBN

The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation…
by Onah Daniel Oita — December 14, 2024 in Money Market 0
CBN Reaffirms Validity of Old Naira Notes Until December 31, 2024: Public Urged to Embrace Alternative Payment Channels

CBN Reaffirms Validity of Old Naira Notes Until December 31, 2024: Public Urged to Embrace Alternative Payment Channels

The Central Bank of Nigeria’s (CBN) latest reaffirmation of the validity of the old ₦1000,…
by Benjamin A Ameh — December 13, 2024 in Money Market 0
FirstBank Sets the Record Straight: Addressing Baseless Fraud Allegations with Commitment to Transparency and Excellence

FirstBank Sets the Record Straight: Addressing Baseless Fraud Allegations with Commitment to Transparency and Excellence

In a recent response to allegations of fraud published by Tech Cabal, First Bank of…
by Benjamin A Ameh — December 13, 2024 in Feature 0
World Bank may approve $500m loan to Nigeria today

World Bank may approve $500m loan to Nigeria today

The Board of the World Bank Group is expected to meet and decide on approving…
by Onah Daniel Oita — December 13, 2024 in Money Market 0
Interest rate, others drive up investments in Mutual Funds by 89.12%

Interest rate, others drive up investments in Mutual Funds by 89.12%

Investors have stepped up bullish position on the Mutual Funds investment window pushing the total…
by Onah Daniel Oita — December 12, 2024 in Money Market 0
Naira falls to N1,745/$ on parallel market

Naira falls to N1,745/$ on parallel market

The exchange rate between the naira and dollar dropped to about N1,745/$1 on the parallel…
by Onah Daniel Oita — December 12, 2024 in Money Market 0
Access Bank UK Launches Malta Subsidiary to Strengthen Europe-Africa Trade Connectivity

Access Bank UK Launches Malta Subsidiary to Strengthen Europe-Africa Trade Connectivity

Roosevelt Ogbonna, Managing Director and CEO of Access Bank Plc,    Access Holdings Plc has…
by Benjamin A Ameh — December 12, 2024 in Money Market 0
“Navigating Uncertainty: The CBN’s Verification Crossroads and the Call for Technological Leverage”

“Navigating Uncertainty: The CBN’s Verification Crossroads and the Call for Technological Leverage”

The Nigerian banking sector stands at a critical juncture as the Central Bank of Nigeria’s…
by Benjamin A Ameh — December 10, 2024 in Brands & Marketing 0
Loans to government hit N42tn – CBN

Loans to government hit N42tn – CBN

Data from the Central Bank of Nigeria has shown that credit to the public has…
by Onah Daniel Oita — December 10, 2024 in Money Market 0
First Bank Champions Nigerian Arts and Culture with YouTube Series “A Heart on the Line”

First Bank Champions Nigerian Arts and Culture with YouTube Series “A Heart on the Line”

First Bank of Nigeria, Managing Director/Chief Executive Officer, Mr. Olusegun Alebiosu   First Bank of…
by Benjamin A Ameh — December 9, 2024 in Brands & Marketing 0

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