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Tag: Dr Kingsley Obiora

FMDQ Attracted N411bn Worth Of Securities In 2020

FMDQ Attracted N411bn Worth Of Securities In 2020       Amid the harsh operating environment, FMDQ Securities Exchange’s activation of market penetration strategy for securities-related services attracted a total of 21 securities valued at about ₦411 billion in 2020. At the exchange virtual 9th yearly general meeting held...

CBN MPC members Express Worry Over High Demand Pressure In Forex

CBN MPC members Express Worry Over High Demand Pressure In Forex         Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed concerns over the high demand pressure in the nation’s foreign exchange market. The MPC members voiced their concerns at the...

Banks’ Non-performing Loan Ratio Drops To 6.6%

Banks’ Non-performing Loan Ratio Drops To 6.6%     The non-performing loan ratio of the Nigerian banking sector dropped to 6.6 per cent at the end of April 2020 from 11 per cent in April 2019, according to the Governor of the Central Bank of Nigeria, Mr...

Buhari Appoints Kingsley Obiora CBN Deputy Governor

Buhari Appoints Kingsley Obiora CBN Deputy Governor   President Muhammadu Buhari, has nominated Dr Kingsley Obiora as Deputy Governor of the Central Bank of Nigeria, according to a State House statement on Thursday. The nominee’s name has already been forwarded to the President of the Senate, Ahmed...