Capital Market/Banking – Page 139

September 27, 2018 No Responses

CAMCAN Holds Maiden Capital Market Performance Awards In Lagos

The crème de la crème of the nation’s capital market will gather in Lagos on Saturday, September 29, 2018, at the Civic Centre, Ozumba Mbadiwe Street, Victoria Island, Lagos, for the maiden awards ceremony to recognize and reward excellence among...

September 27, 2018 No Responses

World Investor Week Gets More Support, Explains Awareness, Protection

In addition to the Argentine G20 Presidency, various important multilateral institutions have endorsed the second annual World Investor Week (WIW), organized by the International Organization of Securities Commissions (IOSCO) to raise awareness of the importan...

September 26, 2018 No Responses

MPC Communique

Background The Monetary Policy Committee (MPC) met on the 24th and 25th of September, 2018 and evaluated developments in the global and domestic economic and financial environments in the first eight months of 2018, as well as the outlook for the rest...

September 24, 2018 No Responses

Heritage Bank Wins Three Agric, SME Awards

Heritage Bank Plc has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). Also, the bank was awarded the Best CIBN Chapter of the...

September 22, 2018 No Responses

Rivers, Bayelsa, Lagos Top Investment Destination In First Six Months Of 2018

For the first six months of 2018, three states comprising of Rivers, Bayelsa and Lagos State top list of foreign investment destination in Nigeria. A report put together by the Nigeria Investment Promotion Commission (NIPC) explained that Rivers State...

September 22, 2018 No Responses

CBN Revokes Skye Bank’s licence

The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc. However, depositors’ funds, according to the apex Bank remain safe. Governor of the CBN, Godwin Emefile, broke the news on Friday at a press...

September 19, 2018 No Responses

CBN Acquires 2.4b FG’s Shares In NSPM

The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises(BPE) have signed an agreement for the sale of the Federal Government’s 12.4 billion shares in Nigerian Security Printing and Minting company (NSPM) to CBN. The ceremony was chaired...

September 19, 2018 No Responses

Again, CBN Lifts FOREX Market With $210m

The Central Bank of Nigeria (CBN) has again intervened in the inter-bank Foreign Exchange Market to the tune of $210 million. According to the figures obtained from the CBN on Tuesday, September 18, 2018, the Bank offered $100million to authorized...

September 17, 2018 No Responses

BoI, Exim Bank Seal $500m MoU

A $500 million financing support agreement has been signed by the Bank of Industry (BoI), the Development Finance Institution (DFI) and the Export-Import Bank of China (CEXIM). According to BoI’s Managing Director/Chief Executive Officer Olukayode Pitan, t...

September 15, 2018 No Responses

Financial Experts Meet On Global Cyber Resilience

Key global and regional payment, clearing and settlement operators met at a roundtable in Paris on Friday to discuss cyber security and the resilience of financial market infrastructures (FMIs) and the wider market ecosystem. Senior executives, together with...