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BANKING & FINANCE

BANKING & FINANCE

Godwin Emefiele
BANKING & FINANCE COVER NEWSLETTER

The International Monetary Fund (IMF) has congratulated Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on his reappointment for a second term of five years by President ...
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The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday indicated ...
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Pound
BANKING & FINANCE NEWSLETTER

The pound edged higher for a second day on Wednesday, breaking a six-week losing streak, as investors trimmed some large short bets against the British currency built up ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar dipped against the euro on Wednesday, though remained near two-week highs as investors waited for the Federal Reserve to release a policy statement later in the ...
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Single Currency
BANKING & FINANCE NEWSLETTER

The Economic Community of West African States (ECOWAS) intends to “speed up” the creation of the single currency of the organization for its implementation in 2020. The President ...
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Dollar
BANKING & FINANCE NEWSLETTER

The U.S. dollar was modestly lower on Monday on weak economic data, but remained near the two-week high set earlier in the session as investors reconsidered how dovish ...
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Dollar
BANKING & FINANCE NEWSLETTER

The U.S. dollar was modestly higher on Tuesday morning, as traders held off from making large bets ahead of the Federal Reserve policy announcement on Wednesday. The Fed ...
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Pound
BANKING & FINANCE NEWSLETTER

Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain’s next prime minister sent the pound tumbling to a five-month low versus the euro on ...
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Libra
BANKING & FINANCE

Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan ...
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Ecobank
BANKING & FINANCE ENTERTAINMENT & THE ARTS

The Managing Director, Ecobank Nigeria Patrick Akinwuntan says the bank is set to support the Nigerian movie industry to project everything good about Nigeria. Mr Akinwuntan who spoke ...
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Pound
BANKING & FINANCE NEWSLETTER

The pound dived to a near six-month low against the dollar on Monday as concerns grew that arch-Brexiteer Boris Johnson will replace Theresa May as prime minister as ...
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NIBSS
BANKING & FINANCE COVER NEWSLETTER

The Nigerian Interbank Settlement System (NIBSS) has said that the NIBSS-Interbank Payments (NIP) recorded an increase in the volume of transactions in the first quarter of 2019 over ...
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BANKING & FINANCE COVER NEWSLETTER

The Deputy Managing Director Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266 branches through its Agency Banking Partnership with NIPOST towards deepening ...
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Pound
BANKING & FINANCE NEWSLETTER

The pound held near a five-month low against the euro on Thursday after Boris Johnson won by far the most support from Conservative lawmakers in the first round ...
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Dollar
BANKING & FINANCE NEWSLETTER

The U.S. dollar was little changed against the euro on Thursday as investors were reluctant to take large positions before next week’s Federal Reserve meeting and the G20 ...
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WorldRemit
BANKING & FINANCE

Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay employees and contractors in ...
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FCMB
BANKING & FINANCE COVER

The Chief Executive Officer (CEO) and Executive Director of FCMB Bank (UK) Limited, James Benoit, has urged African economies to look more inward by creating wealth that will ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar gained on Monday after the United States and Mexico reached a deal to avoid tariffs, while the euro faltered after sources said European Central Bank (ECB) ...
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Pound
BANKING & FINANCE NEWSLETTER

The pound was on track for its biggest daily slide in a month on Monday after data showed the British economy slowed sharply in April with the manufacturing ...
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FSDH
BANKING & FINANCE OIL & GAS

There are more compelling reasons now than before for the Federal Government to remove the petroleum subsidy, and channel the money into some other social intervention programmes of ...
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