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All posts tagged "featured"

  • CBN-Governor-Mr.-Godwin-Emefiele1
    Systemspecs moves to deepen CBN’s e–Payment drive

    Systemspecs Limited, promoter of Remita platform used by the federal government for its Treasury Single Account (TSA) said they are on the same page with the Central Bank of Nigeria (CBN) to deepen electronic payments and reduce...

    • Posted January 11, 2017
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  • Access Bank branch
    Access Bank promises to maintain leadership position on FMDQ OTC

    The Group Managing Director/Chief Executive Officer of Access Bank Plc, Mr. Herbert Wigwe has said the bank would maintain its number one position on  activity chart of FMDQ OTC Securities Exchange. Access Bank has remained number one...

    • Posted January 10, 2017
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  • FirstMobile App increases daily transactions limit

    First Bank of Nigeria Limited has announced increased transaction limits on its FirstMobile Lifestyle app to a maximum daily limit of N150,000.00 without the use of a token and a total daily transaction limit of N1 million.This...

    • Posted January 10, 2017
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  • Stanbic-IBTC-logo
    Survey shows PMI Rose five-month high in December

    The  Stanbic IBTC’s Purchasing Managers’ Index (PMI) has indicated that the index attained a five month high, which was a reflection of an improvement in the macroeconomy.This emerged after the Central Bank of Nigeria (CBN) revealed that...

    • Posted January 10, 2017
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  • mariel-rae-omoh
    NTDC gets new Acting DG

    Mrs. Mariel Rae-Omoh has been appointed as the new Acting Director General of the Nigerian Tourism Development Corporation (NTDC). She takes over from the former acting DG Boniface Ebuka, who was first appointed into the position following...

    • Posted January 8, 2017
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  • victor-dimka
    Customs may lose 50% revenue to ban on vehicles importation

    Following the federal government ban on the importation of vehicles through the land borders, the Nigerian Customs Service (NCS), Seme Command, is set to lose 50 per cent of its monthly revenue valued at about N13 billion....

    • Posted January 7, 2017
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  • CBN
    CBN sells N173bn treasury bills at flat rate

    The Central Bank of Nigeria (CBN) sold N172.85 billion at its first treasury bill sale of the year on Wednesday with yields unchanged from the previous auction, held on December 21, fixed income traders said on Thursday....

    • Posted January 7, 2017
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  • nigeria-stock-exchange-floor_nse
    Market sheds 1.4% in two days on profit taking

    The Nigerian equities market has shed 1.41 per cent in the first two trading days of 2017r as some investors lock in profits while others await government’s economic policy direction for year. The market was highly bullish...

    • Posted January 6, 2017
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  • CBN
    CBN to punish violators of Anchor Borrowers’ Scheme

    The Central Bank of Nigeria (CBN) yesterday issued guidelines for the implementation of its Anchor Borrowers’ Programme (ABP), listing far-reaching sanctions for any violations by all stakeholders. The ABP, a brainchild of the apex bank was launched...

    • Posted January 6, 2017
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  • 040416N Manufacturing-Sector
    Nigeria’s Manufacturing Index expands first time in 11 months

    The Manufacturing Purchasing Managers’ Index (PMI) stood at 52 index points in December 2016, indicating expansion in the manufacturing sector during the review period. The index had recorded decline in the preceding 11 months. The report showed...

    • Posted January 6, 2017
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