Mr Isaac Okorafor Archives

Emefiele rejects APC presidential Expression of Interest, Nomination forms purchased for him

You can’t sack bank staff now! – CBN, Bankers’ committee say

…Suspend retrenchment of banks’ staff over COVID-19*** The Central Bank of Nigeria (CBN) and Bankers’ Committee on Sunday overruled banks who retrenched or sacked staff after...

Banking sector well positioned to support monetary, fiscal recovery efforts, says Emefiele

Banking & Finance5 years ago

CBN: Naira won’t devalue, despite oil crash, Coronavirus meltdown

…Says Market unfavourable for Naira devaluation now*** The Central Bank of Nigeria (CBN) on Friday indicated that the Naira would not be devalued now, because market...

NGX: Market capitalisation drops by 17bn

Banking & Finance5 years ago

NSE: MTN, Cadbury lead Losers’ chart as All-Share Index loses 0.26%

…CBN injects $218.41m, CNY 18m into retail secondary market*** The All-Share Index of the Nigerian Stock Exchange (NSE) ended trading on Friday with a loss of...

CBN begins e-invoice for importers, exporters Feb. 1

Economy5 years ago

CBN in downward review of bank guidelines, slashes charges

The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other financial,...

BLACK FRIDAY: Trading closes red as NSE investors lose N279bn

Banking & Finance5 years ago

NSE: Indices rise further by 0.66%

…As CBN injects $323.5m, CNY 17.9m into forex market*** Crucial indices of the Nigerian Stock Exchange (NSE) rose by 0.66 per cent on the last trading day...

Economy5 years ago

NSE: PZ leads losers’ chart as investors moves 310.56m shares worth N4.99bn

…CBN injects $325.5m into retail market*** The Nigerian Stock Exchange (NSE) on Friday moved 310.56 million shares worth N4.99 billion in 2,825 deals. This was against 147.09...

Economy5 years ago

NSE market indices rebound by 1.09% on Nestle, Seplat price rallies

…As CBN empowers 1.1m farmers through anchor borrowers’ programme*** The crucial market indicators of the Nigerian Stock Exchange rebounded on Thursday after three consecutive days loss...

Banking & Finance5 years ago

NSE market indicators open trading with N23bn loss

…As CBN clarifies cashless policy transaction charges*** The Nigerian equities market commenced trading for the week on Monday on a negative sentiment with indices dropping by...

Experts lauds CBN’s proposed policy for loan defaulters to forfeit deposits in other banks

Banking & Finance6 years ago

CBN to disburse lower currencies to microfinance banks

The Central Bank of Nigeria (CBN) says it has released guidelines for the disbursement of lower denominations of the Naira through microfinance banks (MFBs) across the...