Page 8 - நிதி வழித்தோன்றல்கள் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

INFLATION: Money supply rises 22 5% to N38trn

INFLATION: Money supply rises 22 5% to N38trn
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

South africaMosope arubayiIbukun omoyeniBabajide komolafeRead alsonigerian armyNational electricity regulatory commission multiUnited capitalFinancial derivatives companyCentral bankNational bureau of statisticsKindly share this storyNational bureauFinancial vanguardBroad moneyNarrow moneyCurrency outside banks

UBA, Zenith, seven others grow customer deposits to N30 81tn

UBA, Zenith, seven others grow customer deposits to N30 81tn
punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.

Peter mushangweMoody investors serviceUnity bank plcSterling bank plcFirst bankGroup plcWema bank plcAccess bank plcNigeria plcZenith bank plcUnited bankFinancial derivatives companyGuaranty trust bank plcFidelity bank plcHoldings plcAfrica plc

CBN needs to pursue bankable policy to reduce Nigeria s $1 5 billion import bill on Wheat

Nigeria boasts of 34 million hectares of arable land area, with about 6.5 million hectares for permanent crops. Little wonder, Agriculture serves as the country’s main driver of the economy after oil. But despite the goodies in the sector, the country imported wheat worth N2.2 trillion in the last four years.

South africaAlhaji salim mohammedSabo nanonoWheat farmers association of nigeriaAgriculture organizationUnited nationsA financial derivatives companyInternational food policy research instituteLake chad research instituteBorrower programmeNigerian bureau of statisticsRural developmentSaharan africaFinancial derivatives companyAnchor borrower programmeSalim mohammed

Army Arrests 13 Suspected Boko Haram Members in Kano Mosque

Dike Onwuamaeze in Lagos and Ibrahim Shuaibu in Kano Troops of the 3rd Brigade of the Nigerian Army in Kano have raided Filin Lazio in Hotoro quarters of Nassarawa Local Government Area of Kano State and arrested 13 suspected members of Boko Haram. The arrest came just as the Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr. Bismarck Rewane, has estimated that 400 Nigerians were killed in April by suspected Boko Haram insurgents, bandits, herdsmen and other non-state actors. A source, who spoke on condition of anonymity, told journalists yesterday that the military operation in Kano was carried out while the Muslim faithful were breaking their Ramadan fast.

Borno stateFilin lazioIbrahim shuaibuNjoka iraborBrigade of the nigerian armyFinancial derivatives companyCompany income taxLagos business schoolNigerian armyNassarawa local government areaKano stateManaging directorChief executive officerFinancial derivatives company limitedBismarck rewaneBoko haram

Banks escalate borrowings from CBN by 174% to N2 4trn -

Cost of funds hits 2yrs high By Babajide Komolafe In apparent reflection of the intense scarcity of funds that prevailed in the interbank money market in April, banks’ borrowing from the Central Bank of Nigeria (CBN) rose by 174 per cent to N2.48 trillion from N904.6 billion in March. The banks’ deposits with CBN also declined significantly. Banks borrow from the CBN through its Standing Lending Facility (SLF) to fund short term liquidity cash shortfall. They, however, deposit their idle cash in the apex bank’s Standing Deposit Facility (SDF). Financial Vanguard findings in the CBN’s data release show that while banks’ borrowing through the SLF rose sharply by 174 per cent in April, their deposits with the apex bank through the SDF fell by 57 per cent to N169.74 billion in April from N392.37 billion in March.

Babajide komolafeZedcrest securitiesFinancial derivatives companyCentral bankCordros securitiesKindly share this storyStanding lending facilityStanding deposit facilityFinancial vanguardOpen market operationOpen buy backOvernight lendingZedcrest securities limitedCordros securities limitedMonthly economicShare this story