Money Market

Heritage Bank powers Palm oil entrepreneur with N10m in The Next Titan Season-7

December 28, 2020/Heritage Bank Plc Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, in its continued bid to support Micro, Small and Medium Enterprises (MSMEs), has again empowered the winner of The Next Titan Season-7 with whooping sum of N10million. An entrepreneur, Joshua Joseph Idiong who is the CEO […]

CBN Says Manufacturing PMI Now 49.6% in December 2020 from 50.2% in November 2020

December 23, 2020/CBN Introduction The December 2020 PMI survey was conducted by the Statistics Department of the Central Bank of Nigeria during the period December 7-11, 2020. The respondents were purchasing and supply executives of manufacturing and non-manufacturing organizations in all 36 states in Nigeria and the Federal Capital Territory […]

CBN Announces Revocation of Operating Licenses of Seven Payment Services Providers

December 24, 2020/CBN The Central Bank of Nigeria (CBN) on Thursday announced the revocation of the operating licenses of Seven (7) Payment Services Providers. This was contained in an official gazette document published on the CBN website. The affected service providers were listed under schedule I of the gazette The […]