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    MarketForces Africa » » Page 984

    FX Auction: CBN Sells $60 million to Nigerian Banks at N1,540

    News October 20, 2024

    The Central Bank of Nigeria (CBN) sold $60 million to the authorised dealer deposit money banks at the rare FX auction conducted last week to stop exchange

    Naira Rises by 2.5% as CBN Defends Local Currency with $60m

    News October 20, 2024

    The naira gained about 2.4% week on week as the Central Bank of Nigeria (CBN) defended the local currency with $60 million in the official market.

    Money Market Rates Dip as Remita, Coupon Inflows Boost Liquidity

    News October 20, 2024

    Money market rates slide, albeit, marginally, due to relative improvement in the financial system liquidity. The interbank rates remained elevated though

    NATCOMS Suggests 10% Increase in Tariffs by Telecoms Companies

    News October 20, 2024

    The National Association of Telecommunications Subscribers (NATCOMS) urges the Nigerian Communications Commission (NCC) to allow telecommunications

    Ecobank Rewards 88 Customers With N8million

    News October 20, 2024

    Ecobank Nigeria has rewarded 88 customers with N8 million during its monthly and quarterly raffle draws under the ‘Ecobank Super Rewards, the Millionaire

    Zenith Bank Appoints Abiodun Durosinmi as CFO

    MarketNews October 18, 2024

    Zenith Bank Appoints Abiodun Durosinmi as CFO Zenith Bank has announced the appointment of Abiodun Durosinmi as its new chief…

    FBN Holdings Names Wale Oyedeji Group Managing Director

    News October 18, 2024

    FBN Holdings Names Wale Oyedeji Group Managing Director FBN Holdings Plc has announced the appointment of Adebowale (Wale) Oyedeji as…

    Africa’s Maritime Resources can Generate over $405bn by 2030 – Naval Chief

    News October 18, 2024

    The Chief of the Naval Staff (CNS), Vice Adm. Emmanuel Ogalla says the vast resources within Africa’s maritime domain have the potentials of generating

    Over 140m Nigerians Lack Access to Energy – Hiers MD

    News October 18, 2024

    The Chief Executive Officer of Hiers Energies, Mr Osayande Igiehon, says over 140 million Nigerians lack full access to energy.

    NDDC Earmarks N30bn to Grow SMEs in 9 States

    News October 18, 2024

    The Niger Delta Development Commission (NDDC) says it has deposited N30 billion in the Bank of Industry to grow small and medium enterprises

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    Naira Rises as Foreign Reserves Approach $52 Billion

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