Tuesday, June 02, 2020 FG cuts petrol price to N121.50 but could raise risk for marketers The Petroleum Products Pricing Regulatory Agency (PPPRA) has cut pump price of Premium Motor Spirit (petrol) from N123 to N121.50 per litre for the month of June, but some marketers say frequent movement of prices may impair their ability…
DetailsFirstBank leverages technology to promote virtual bank account opening for customers First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced that it has reinforced its technology infrastructure to enable anyone in the country to open a FirstBank account through their mobile phones without visiting any of its branches…
DetailsFriday, May 29, 2020 Is this the end of Hong Kong as global financial centre The United States could be close to terminating its special economic and trading relationship with Hong Kong. Experts say losing the status won’t cause an immediate exodus of big western companies from the global financial hub, but it could further…
DetailsThursday, May 28, 2020 Maturing OMO, NT-bills to push system liquidity to N955.9bn The financial market liquidity which stood at N590.8 billion on Monday morning will further rise to N955.9 billion as maturing Treasury Bills (NT-bills) and Open Market Operation (OMO) worth N365.1 billion hit the market this week. A breakdown of the inflows showed…
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