Archives for MONEY MARKET - Page 101
Access Bank Set To Protect Customers Via USSD Security Advancement
Seeking best-in-class ways to safeguard the resources of our customers, Access Bank PLC introduced the *901*911# USSD code, a solution that allows customers act swiftly to prevent fraudulent…
CBN Set to Strengthen Cybersecurity in Other Financial Institutions
CBN Governor, Emefiele The Central Bank of Nigeria (CBN) yesterday moved to strengthen cyber resilience of Other Financial Institutions (OFIs) under its regulation in order to ensure that they…
Nigeria Inflation Drops to 17.38% In July –NBS
By Ngozi Onyeakusi---Just as the Central Bank of Nigeria (CBN) predicted, inflation for the fourth time, consecutively, plunged downward to settle at per cent (year- on- year) in July,…
Naira Abuse: Offenders Risk Six Months Imprisonment — CBN
Emefiele By Ngozi Onyeakusi ---The Central bank of Nigeria has warned that that abusers of the naira at social events risk imprisonment or an imposition of fine.…
FG owes CBN N15.51tn, borrows N14.86tn under Buhari
President Buhari The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to , rising by 2,286 per…
Court freezes accounts of forex trading platforms
The Federal High Court Abuja on Tuesday frozen the bank accounts of some investment and trading platforms that Nigerians have been using to transact Ahmed Mohammed made the order…
CBN Rolls Out Framework Against Cyber Attack
The Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber-attack. This was contained in a memo issued by Nkiru Asiegbu, CBN’s…
ENJOYING BANKING CONVENIENCE WITH FIRSTBANK’S FIRSTMOBILE
First Bank building As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception…
FG Plans To Borrow More In 2022 Despite Huge Debt
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed By Ngozi Onyeakusi--- Despite outrageous rise in debt owed by the country, the Federal Government, has disclosed plans…
Federal Government’s Funding for Priority Projects in Oil Industry Suffers $1.54trn Deficit in June
Buhari The federal government through the Nigerian National Petroleum Corporation (NNPC) may have been unable to fund its priority projects in the oil and gas industry to…