CBN maintains interest rate, cash reserve ratio
CBN maintains interest rate, cash reserve ratio The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) at the end of third quarter meeting on Tuesday retained its benchmark interest…
Fidelity Bank CEO explains why borrowers can’t access long term loans
Fidelity Bank CEO explains why borrowers can’t access long term loans Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo has said bank deposits are mainly…
GTBank, UBA, Fidelity, Access, eight other grants N2.7trn loan to customers in six-month
GTBank, UBA, Fidelity, Access, eight other grants loan to customers in six-month By Kayode Ogunwale Despite numerous challenges facing Nigeria banking industry, 12 banks have loaned trillion to customers between…
CBN to include OFIS customers in BVN registration
CBN to include OFIS customers in BVN registration L-R: Principal Manager, Banking and Payments System Department, Central Bank of Nigeria (CBN), Aisha Isa Olatinu; Chairman, Finance Correspondents Association of Nigeria…
Ambode clarifies N500bn Bond approved by State Assembly …Says only N60bn accessible for 2016
Ambode clarifies N500bn Bond approved by State Assembly …Says only N60bn accessible for 2016 Lagos State Governor, Mr. Akinwunmi Ambode has clarified the N500bn Bond Programme approved by the State…
Fidelity Bank MD advises investors to take advantage of stock prices
Fidelity Bank MD advises investors to take advantage of stock prices The Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo, has urged investors to take advantage of the current low…
CBN hosts FICAN Bi-Monthly Forum on e-payment
CBN hosts FICAN Bi-Monthly Forum on e-payment The Central Bank of Nigeria (CBN) will be hosting the September Edition of the Finance Correspondents Association of Nigeria (FICAN) Bi-Monthly Forum in…
NSE opens 2016 essay competition to promote financial literacy
NSE opens 2016 essay competition to promote financial literacy The Nigerian Stock Exchange (NSE) has announced commencement of 2016 edition of the NSE Essay Competition for students in Senior Secondary…
CBN readmits suspended banks to Forex trading
CBN readmits suspended banks to Forex trading The Central Bank of Nigeria (CBN) has re-admitted the rest of the hitherto banned Deposit Money Banks (DMBs) to commence dealing in…
CBN licenses 11 new int’l money transfer operators
CBN licenses 11 new int’l money transfer operators Central Bank of Nigeria (CBN) has listened 11 new International Money Transfer Operators (IMTOs) to ease international money transfer services in…