> Money Market Archives | Hallmarknews

UBA Wins Big at Finacle Client Innovation Awards

  United Bank for Africa has continued to receive accolades and global recognition for its  commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation More...

| Published 8 months ago
By hallmarknews On Tuesday, September 6th, 2016

Bank products that promote Agric

  In the face of falling oil prices, the government of President Buhari has said in clear terms that the agricultural sector is one of the areas it would pay serious attention to in its bid to pilot the country’s More...

By hallmarknews On Monday, August 15th, 2016

NDIC reviews maximum deposit insurance coverage (MDIC) to primary mortgage banks

The Nigeria Deposit Insurance Corporation (NDIC) said it has been granted approval for an upward review of its maximum deposit insurance coverage (MDIC) from N200,000 to N500,000 per depositor for primary mortgage More...

By hallmarknews On Monday, August 15th, 2016


A new financial institution, Sun Trust Bank, makes a formal presentation to the public today, Monday August 15, 2016. The bank, recently licenced by the Central Bank of Nigeria (CBN), has its head office located More...

By Felix OLOYEDE On Friday, August 5th, 2016

Nigeria’s FCMB plans capital raising of up to 15 bln naira -CEO

Ladi Balogun said its capital ratio was close to the regulatory limit of 15 percent by half-year, and that it was doing the capital raising to provide some cushion. He said the bank was also slowing down loan growth. “For More...

By hallmarknews On Tuesday, January 12th, 2016
1 Comment

CBN N300bn for agric lending in 2016: Another ruse?

DON OKERE|   The Central Bank of Nigeria (CBN) and Deposit Money Banks (DMBs) have reportedly set aside N300 billion for agricultural lending in 2016 apparently in an effort to grow and diversify the economy from More...

By hallmarknews On Monday, January 4th, 2016

Naira weakens against dollar at parallel market

The naira on Monday depreciated by 0.8 percent to exchange at N265 to the dollar at the parallel market. The greenback lost N2 to the dollar from its weekend value of N263. However, at the official interbank window, More...

By hallmarknews On Thursday, December 31st, 2015

Nigeria’s foreign reserves drop to $29.13bn

The Central Bank of Nigeria (CBN) on Friday said that the nation’s foreign exchange reserves declined to $29.13 billion as at December 29. The bank said on its website that the drop represented 2.43 percent from More...

By hallmarknews On Tuesday, December 22nd, 2015

ETI announces Charles Kié MD designate Ecobank Nigeria

The board of directors of Ecobank Nigeria has announced the appointment of Mr. Charles Kie as the new Managing Director designate of Ecobank Nigeria Limited effective January 1, 2016 subject to the approval of the More...

Please wait...

Subscribe to our newsletter

Enter your email address and be the first to know when our article is published.