Archives for MONEY MARKET - Page 117
CBN Appoints Tunde Hassan-Odukale Chairman First Bank of Nigeria
The Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, on Thursdady announced the appointment of Tunde Hassan-Odukale, as Chairman, First Bank Nigeria (FBN) Plc. Tunde untill appointment has been…
First Bank’s website To Address basic banking operations
By Raheem Akingbolu ---- Reviews the new FirstBank’s corporate website showed that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers…
Nigeria records $1.5bn in crypto trading
Despite the ban on crypto-currency trading in Nigeria, the country has emerged as the biggest market for Paxful, a global peer-to-peer fintech and crypto-currency trading platform, with an impressive volume…
NBS employment statistics: FG , W’Bank to hold virtual meeting
By Ngozi Onyeakusi--- The Federal Government and the World Bank will be holding a virtual meeting today to discuss modalities used by the National Bureau of Statistics (NBS) in gathering…
First Bank appoints Gbenga Shobo as new MD/CEO
Gbenga-Shobo The Board of Directors of First Bank of Nigeria Limited has appointed Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO). The appointment was disclosed in a statement made…
CBN boast FOREX market with $1.47bn in one month
The Central Bank of Nigeria injected $ into the foreign exchange segment of the market as part of its efforts to stabilise the naira in January. According to figures from…
Union Homes grows net income by 3% to N102.25m in Q1 2021
Union Homes Real Estate Investment Trust (UH REIT), a closed-ended Fund primarily involved in acquiring investment properties which are held for capital appreciation has released its statement of comprehensive income…
FBN Holdings settles shareholders with N16.15b dividend
By Ngozi Onyeakusi--- FBN Holdings Plc shareholders has declared a total dividend of billion for the financial year ended Dec. 31, 2020. The shareholders approved the dividend at the company’s…
Fidelity Bank posts N55.122 bn gross in 2021 Q1
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank By Ngozi Onyeakusi--- Fidelity Bank Plc, a Nigerian bank which provides a full range of financial services including investment, commercial and retail banking has released…
EFCC places red flag on bitcoin, forex trading, others
The Economic and Financial Crimes Commission (EFCC) has warned that any investment that promises returns that “looks too good to be true should be considered a red flag.” “Though risk-taking…