Finance & Economy - Page 212

‘Pension Fund VI Will Boost Investable Assets In Non-interest Funds’

The Pension Fund VI designed by the National Pension Commission, (PENCOM), for Shariah-compliant workers and investors would create new instruments in the non-interest finance market in 2022. Mrs. Abimbola Sulaiman, Head, Investment

Chimara Bygold

3 years ago

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Finance & Economy

World Bank Says Nigeria’s Exchange Rate Policy Discourages Investors

The World Bank has said that the Nigerian government’s exchange rate management policies are discouraging investments and fuelling inflation in the country That was contained in the November edition of Bank’s Nigeria

PBA Reporter

3 years ago

Finance & Economy

Liquidity Boost Expected On Maturing N54.30 Billion OMO Bills

There are expectations that activity in the money market will be slightly bullish as the market expects a liquidity boost from the maturing N54.30 billion worth of OMO bills. Meanwhile, domestic investors

Chimara Bygold

3 years ago

Finance & Economy

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

The Central Bank of Nigeria (CBN) has said it will set up an international financial centre at the Eko Atlantic City by the second quarter of 2022 to attract investors. Godwin Emefiele,

PBA Reporter

3 years ago

Bank CEOs Meet Over Old Naira Deadline Extension Ahead Of Presidential Election

Finance & Economy·Markets

Basel III: Nigerian Banks To Strengthen Capital Adequacy, Liquidity

The adoption of Basel III would strengthen Nigerian banks’ stressed capital level, improve capital quality (as risk levels are reduced with the exposure restriction) and maintain a strong liquidity position, says investment

Chimara Bygold

3 years ago

Currency·Latest News

FOREX: I&E Dailly Turnover Rises By $210 Million

The average daily foreign exchange (Forex) turnover at the Investors and Exporters (I&E) window is now over $250million, up from $40million in April 2020, representing a $210million increase. Meanwhile, records from the Central

Chimara Bygold

3 years ago

Agro-Economy·Finance & Economy

Harmonise Organic Agriculture Standards To Enhance Regional Trade – Experts Tell ECOWAS

Organic agriculture practice experts say harmonisation of its standards by the 15 ECOWAS member countries will enhance quality trade in certified produce and products in the region. They gave the assurance at

Admin

3 years ago

CBN Defends eNaira, Emphasizes Role In Financial Inclusion

Finance & Economy·Latest News

eNaira Downloads Almost 600,000 In Less Than 4 Weeks- Emefiele

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), says that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since its launch in October. Emefiele made the

Admin

3 years ago

Nigeria Air: Sirika Risks Contempt Of Court Charge - Domestic Airlines

Finance & Economy

Nigeria Air To Begin Operations With Three Rented Planes – FG

The federal government has disclosed that Nigeria Air will commence operations with three wet-leased aircraft. Hadi Sirika, minister of aviation, disclosed this during a press briefing on Thursday, November 25, in Abuja.

PBA Reporter

3 years ago

Finance & Economy

Nigeria’s Oldest Bank, FBN Holdings, Too Big For Individual Ownership

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said that First Bank, Nigeria’s oldest bank, is too big for individual ownership as well as systemically important .

Chima Nwokoji

3 years ago

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Finance & Economy - Page 212

‘Pension Fund VI Will Boost Investable Assets In Non-interest Funds’

World Bank Says Nigeria’s Exchange Rate Policy Discourages Investors

Liquidity Boost Expected On Maturing N54.30 Billion OMO Bills

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

Basel III: Nigerian Banks To Strengthen Capital Adequacy, Liquidity

FOREX: I&E Dailly Turnover Rises By $210 Million

Harmonise Organic Agriculture Standards To Enhance Regional Trade – Experts Tell ECOWAS

eNaira Downloads Almost 600,000 In Less Than 4 Weeks- Emefiele

Nigeria Air To Begin Operations With Three Rented Planes – FG

Nigeria’s Oldest Bank, FBN Holdings, Too Big For Individual Ownership

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