Search Result for: cbn

Buhari appoints FERMA board members

  President Muhammadu Buhari approved the appointments of the members of the board. Mr. Tunde Lemo, former Deputy Governor of Central Bank...

Alleged Unrecovered TSA Funds: We Have no Hidden Accounts- NNPC

[dropcap]T[/dropcap]he Management of the Nigerian National Petroleum Corporation, NNPC on Thursday, once again provided informed perspective to the trending media report alleging...

Buhari’s independence day speech challenges Nigerians to make change happen

[dropcap]P[/dropcap]resident Muhammadu Buhari’s independence day speech was marked with a message of hope. The president challenged Nigerians to commit to democratic values,...

The Day In Pictures: FG’s SUKUK Pre-Offer Road Show with Investors in Kaduna

From Right; Mrs. Hajara Adeola, Managing Director, Lotus Capital Financial Services LTD; Mr. Demenongu Yanfa, Deputy Director, Central Bank of Nigeria (CBN);...

Heritage Bank headlines sponsorship of 4th entrepreneur TV Show ‘The Next Titans’

In a bid to continue boosting entrepreneurship development in order to curb the high level of unemployment in the country, Heritage Bank...

Buhari Administration To Seek Out of Court Settlement with Banks Over $793m

[dropcap]T[/dropcap]he federal government Tuesday revealed that it has plans to withdraw its case against seven commercial banks over what it says is...

Despite IMF’s Forecast, Nigeria Economy To Grow 2.2 Per cent in 2017 Says FG

[dropcap]T[/dropcap]he federal government expects the economy to grow 2.2 percent this year, according to a strategy document cited by Reuters on Thursday....

Unbanked Nigerians reduce, as Heritage Bank targets 1, 000 agent banking partner in 2017

Heritage Bank Plc, has taken aggressive approach to support the Central Bank of Nigeria’s initiative to curb the unbanked Nigerians in the...

Buhari Has Plenty of Reasons To Smile

By Victoria Ayuwei Attention has been focused on President Muhammadu Buhari’s health in recent times with some questioning his fitness to rule, but...

Easing Will Pull Real Interest Rate Into Negative Territory- Emefiele

…Retains Monetary Policy, Other Policy Parameters. By Gift Olivia Samuel, Per Second News The Governor of the Central Bank of Nigeria(CBN),Mr Godwin...

Alleged Unrecovered TSA Funds: We Have no Hidden Accounts- NNPC

…· Says Bank Balance is $231.8m Not $793.2m The Management of the Nigerian National Petroleum Corporation, NNPC on Friday provided an informed...

Skye Bank’s Liquidity Position has Stabilized, Says MD…Recovers N60billion from Debtors

[dropcap]S[/dropcap]kye Bank’s liquidity position and prime brokerage deposits have stabilized in recent weeks as it has successfully implemented cost management initiatives which has...

Nigeria’s investment Rate Still Below Par – PwC Report

[dropcap]N[/dropcap]igeria’s economic growth remain broadly unchanged in 2015 and 2016, significantly below the country’s long-term potential, shows the PwCs  recent economic paper,...

Bureaucracy The Biggest Obstacle To Investment -Elumelu

Chairman, Heirs Holdings, Tony O. Elumelu, CON,  has charged the public sector to urgently fix bureaucracy and the process of doing business...

Etisalat Pulls Out of Nigeria After Loan Talks Collapse

[dropcap]T[/dropcap]roubled Etisalat has terminated its management agreement with its Nigerian arm and given the business time to phase out the brand in...

NNPC’s Intervention: Diesel Continues Steady Decline Nationwide

Diesel oil prices continued to extend the declines since last week as recent strategic intervention of the Nigerian National Petroleum Corporation (NNPC)  has...