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Category: Business

Business Economy

Inter-Bank Forex Market: CBN intervenes with $210m

Iheanyi Ejiofor August 6, 2019 No Comments #Inter-Bank Forex Market: CBN intervenes with $210m

The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN), following transactions concluded on Tuesday, August 6, 2019. Figures obtained from…

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Business Economy

EcobankPay hits N1 billion in transactions value

Iheanyi Ejiofor August 2, 2019 No Comments #EcobankPay hits N1 billion in transactions value

Emeka Ejere| Ecobank Nigeria on Thursday revealed that EcobankPay, the lifestyle digital payments and collections service of of the bank has recorded a cumulative transaction value of over N1 billion.…

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Business Economy

Fidelity Bank rewards 7,109 customers with N2.9bn

July 31, 2019 No Comments #Fidelity Bank rewards 7109 customers with N2.9bn

Fidelity Bank has revealed it had rewarded 7,109 customers with N2.9 billion since 2015. The bank’s Regional Head, Mrs Vanessa Mordi who made the disclosure in Abuja on Wednesday during…

Read More Fidelity Bank rewards 7,109 customers with N2.9bn
Business Economy

Forex: CBN boosts Wholesale Segment, Others with $210 Million

Iheanyi Ejiofor July 31, 2019 No Comments #Forex: CBN boosts Wholesale SegmentOthers with $210 Million

In its last intervention for the month of July, the Central Bank of Nigeria (CBN) has injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained…

Read More Forex: CBN boosts Wholesale Segment, Others with $210 Million
Business Economy

FG directs EFCC, ICPC, NFIU to go after AMCON’s top 20 debtors

July 31, 2019 No Comments #FG directs EFCCICPCNFIU to go after AMCON’s top 20 debtors

The federal government has set up a task force to monitor the top 20 debtors on the list of the Asset Management Corporation of Nigeria (AMCON) and has asked the…

Read More FG directs EFCC, ICPC, NFIU to go after AMCON’s top 20 debtors

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