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Category: Finance

Access Bank Secures Provisional Licence to Expand to Namibia
FinanceNews

Access Bank Secures Provisional Licence to Expand to Namibia

NEWS BAR NGOctober 8, 2024October 8, 2024

Access Holdings Plc has announced that its subsidiary, Access Bank Plc, has secured a provisional licence from the Bank of…

FX Volatility Pushes Customers to Borrow More as Banks’ Exposure Hits N63.86tn
FinanceNews

FX Volatility Pushes Customers to Borrow More as Banks’ Exposure Hits N63.86tn

NEWS BAR NGOctober 7, 2024October 7, 2024

Following the rush by bank customers for more money to fund their foreign exchange commitments, Nigerian banks’ exposure to their…

CBN Maintains Monetary Tightening Regime, Raises MPR Further to 27.25%
FinanceNews

CBN Maintains Monetary Tightening Regime, Raises MPR Further to 27.25%

NEWS BAR NGSeptember 25, 2024September 25, 2024

Unconvinced by the relative decline in inflation in July and August, the Monetary Policy Committee (MPC) of the Central Bank…

Exchange Rate, Inflation, Energy Prices, Others in Focus as MPC Reconvenes Today
FinanceNews

Exchange Rate, Inflation, Energy Prices, Others in Focus as MPC Reconvenes Today

NEWS BAR NGSeptember 23, 2024September 23, 2024

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will reconvene today to review developments in the…

UBA Targets $20tn Assets, One Billion  Customers in Next 75 Years
FinanceNews

UBA Targets $20tn Assets, One Billion  Customers in Next 75 Years

NEWS BAR NGSeptember 20, 2024September 20, 2024

As part of its strategic projections into the future, the United Bank for Africa (UBA) has set targets of realising…

Tinubu Upbeat on Economy as Nigeria Records N6.95tn Trade Surplus in Q2
FinanceNews

Tinubu Upbeat on Economy as Nigeria Records N6.95tn Trade Surplus in Q2

NEWS BAR NGSeptember 13, 2024September 13, 2024

The country’s total external merchandise trade recorded a favourable trade balance of N6.5 trillion in the second quarter of the…

In Unprecedented Feat, Nigeria Raises over $900m in Domestic FGN US Dollar Bond
FinanceNews

In Unprecedented Feat, Nigeria Raises over $900m in Domestic FGN US Dollar Bond

NEWS BAR NGSeptember 11, 2024September 11, 2024

In an unprecedented move aimed at strengthening the economy and advancing financial inclusion, the Federal Government has raised over $900million…

UBA Rewards 30 Lucky Customers in Legacy Promo 
FinanceNews

UBA Rewards 30 Lucky Customers in Legacy Promo 

NEWS BAR NGSeptember 9, 2024September 9, 2024

As part of ongoing activities to commemorate its 75th anniversary,  United Bank for Africa (UBA) Plc, has rewarded 30 loyal customers…

Bank of Industry Raises €1.43bn in Global Loan Syndication Drive
FinanceNews

Bank of Industry Raises €1.43bn in Global Loan Syndication Drive

NEWS BAR NGSeptember 6, 2024September 6, 2024

The Bank of Industry (BOI), yesterday announced that it received €1.43 billion and recorded 142.5 per cent subscription from the…

At Zenith Bank Trade Seminar, Stakeholders Advocate Increased Investments in Non-oil Exports
FinanceNews

At Zenith Bank Trade Seminar, Stakeholders Advocate Increased Investments in Non-oil Exports

NEWS BAR NGSeptember 5, 2024September 5, 2024

Stakeholders unanimously called for concerted efforts towards adding value to non-oil export products by processing them into semi-finished and finished…

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