LATEST NEWS

September 18, 2019

Firstbank Supports Educational Institutions with Firstedu

Nigeriaâ€™s premier and leading financial services provider, First Bank of Nigeria Limited, has announced its educational solution - FirstEdu - specifically designed to enhance the educational facilities in schools. The FirstEdu product includes FirstEdu loan and FirstEdu portal.

73 VIEWS

September 18, 2019

Banking Sector Update - Latest Cashless Initiative Largely Positive For Banks

As part of its cashless policy initiatives, the Central Bank of Nigeria (CBN), yesterday, announced that banks will now be allowed to take charges on customer deposits in excess of N500 thousand (individuals) and N3 million (corporates), respectively. This new measure builds on previously issued guidelines related to charges on large cash withdrawals.

124 VIEWS

September 18, 2019

CBN Issues Approvals-In-Principle To Three Payment Service Banks

In line with its objective of enhancing financial inclusion and the development of the payment system by increasing access to deposit products and payments services through a secured technology-driven environment, the Central Bank of Nigeria (CBN) has issued Approvals-in-Principle (AIP) to three Payment Service Banks (PSBs).

343 VIEWS

September 18, 2019

Countdown to September 2019 CBN MPC Meeting: Key Economic and Market Issues To Watch

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria meets today to review key issues around the monetary policy rate (Interest Rate), Cash Reserve Ratio (CRR), Liquidity Ratio and the Asymmetrical rate Corridor , various local stakeholders expect the Bank to hold indicative policy ratios constant as it assess the impact of the last rate cut.

94 VIEWS

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1M	13.2096	0.10
3M	13.1874	-0.04
6M	14.0494	0.01

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1M	12.2131	-0.06
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9M	14.3722	-0.04
12M	15.1461	0.00

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Soybean	140,000.00	195.24
Paddy Rice	125,000.00	124.96
Maize	83,000.00	174.09
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LATEST NEWS

Firstbank Supports Educational Institutions with Firstedu

Banking Sector Update - Latest Cashless Initiative Largely Positive For Banks

CBN Issues Approvals-In-Principle To Three Payment Service Banks

Countdown to September 2019 CBN MPC Meeting: Key Economic and Market Issues To Watch

Why Nigerians Will Never Leave South Africa - Fasua

The President's Economic Men - Understanding The Next Phase of Economic Management

Nigeria in 1min: Economic, Business and Financial Headlines - 170919

Nigeria in 1min: Economic, Business and Financial Headlines - 180919

Investors Lose N81.43bn As Sell Pressure Persists; NSEASI Dips Further By -0.61%

Headline Inflation Increases By 11.02% YoY In August 2019; 0.06% Lower Than July 2019 Rate