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Category: Economy

Economy headline

CBN to fine banks N1m for issuing counterfeit notes

Iheanyi Ejiofor May 1, 2019 No Comments CBN to fine banks N1m for issuing counterfeit notes

The Central Bank of Nigeria, CBN, has rolled out a clean note policy and banknote fitness guidelines and plans to mop up all the mutilated naira notes in circulation in…

Read More CBN to fine banks N1m for issuing counterfeit notes
Economy

NEXIM Bank targets 59% growth rate in 2019 –Acting MD

Iheanyi Ejiofor May 1, 2019 No Comments NEXIM Bank targets 59% growth rate in 2019 –Acting MD

The Acting Managing Director of Nigerian Export-Import (NEXIM) Bank, Bala Bello, says the bank’s balance sheet size for 2019 is N190.30 billion. Bello made this known in Abuja on Tuesday…

Read More NEXIM Bank targets 59% growth rate in 2019 –Acting MD
Business Economy

UBA Celebrates 70 years of Excellent Services to customers at its special CEO Awards gala

Iheanyi Ejiofor April 30, 2019 No Comments #UBA Celebrates 70 years of Excellent Services to customers

Pan African financial institution, United Bank for Africa (UBA) Plc with operations in 20 African countries and in the United Kingdom, the USA and Paris, over the weekend, celebrated 70…

Read More UBA Celebrates 70 years of Excellent Services to customers at its special CEO Awards gala
Business Economy headline

Gov Yari raised false alarm on recession – CBN

Iheanyi Ejiofor April 30, 2019 No Comments #Gov Yari raised false alarm on recession-CBN

The Central Bank of Nigeria (CBN) on Tuesday dismissed the comment made by the chairman of Nigeria governors forum, Abdulazeez Yari that the economy might relapse into recession in 2020.…

Read More Gov Yari raised false alarm on recession – CBN
Economy

Profit taking: NSE market capitalisation sheds N136bn in a day

Iheanyi Ejiofor April 30, 2019 No Comments Profit taking: NSE market capitalisation sheds N136bn in a day

Some professional associations at the Computer Village in Ikeja, Lagos have rejected the imposition of Iyaloja and Babaloja to oversee affairs at the technological hub and called for the state…

Read More Profit taking: NSE market capitalisation sheds N136bn in a day

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