Money Market

FirstBank Wins Best Mobile Banking App, Fastest Growing Retail Bank Awards

January 24, 2020/FirstBank of Nigeria First Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and “Fastest Growing Retail Bank” winner  by Global Business Outlook. The Global Business Outlook Award recognises and rewards excellence in business in companies across the world, both in the public and private […]

Nigeria’s MPC Retains MPR at 13.5%, Raises CRR to 27.5% from 22.5%

January 24, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-In line with expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) maintained status quo at the end of its meeting on Friday and Retain the Monetary Policy Rate (MPR) at 13.5 percent. Monetary Policy Committee increased the […]

CBN Announces the Appointment and Redeployment of Directors

Culled—Proshare January 23, 2020/CBN The Management of the Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some Directors in the apex bank. A statement from the CBN on Thursday said Mr. Yusuf Philip Yila, a Director with the bank and the Managing Director, NIRSAL Microfinance Bank […]