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Money Market

CBN warns against Patronising Illegal Financial Operators

The Central Bank of Nigeria, CBN, has raised concerns over the increasing rates of Illegal Financial Operators’, IFOs, activities in the country. CBN in a...

CIBN supports CBN on Forex unification

The Chartered Institute of Bankers of Nigeria, CIBN, has declared its support for the forex unification by  the Central Bank of Nigeria, CBN, saying...

Free Floating of Naira not Sustainable for Nigeria’s Economic Devt CIBN Laments

Caption L-R: Jimoh Osabiya FCIB, Fin. Sec, Oyelayo Adekanye FCIB, Gen. Sec, Adeoye Adeyemo FCIB, Chairman Chairman, CIBN, Lagos, Abosede Ogundimu, FCIB, 2nd Vice Chairman,...

PSV 2025 payment system: Stakeholders to discuss digital Infrastructure at FICAN conference

In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions...

Economist warns against corruption in implementation of presidential palliatives

Okeke   ….Says tax reform committee will create new revenue ideas     A Distinguished Economist, Business Strategy and Communications Expert, who is the Lead Consultant/CEO, Mascot Consult &...

Access Bank Announces Job Vacancies for Nigerian Graduates – See How to Apply…

Access Bank has started accepting applications from Nigerians for its entry-level trainee programme which gives graduates a pathway into the company. The bank announced this in a statement published on...

CBN Owes Foreign Banks, Financial Firms, JP Morgan, Goldman Sachs Over N10 trn

The Central Bank of Nigeria has said it owes some foreign banks and two US-based companies, The Goldman Sachs Group and JPMorgan Chase &...

CBN gets Reps order to provide access to N250bn Gas Expansion Fund

The Central Bank of Nigeria, CBN, has been tasked by the House of Representatives to remove bottlenecks preventing Nigerians from accessing the N250 billion...

UBA, Zenith, GTB, other banks increase salaries, benefits amid cost of living crisis

Some commercial banks in the country have increased the salaries and allowances of their employees to help them cope with the rising cost of...

Access Bank Plc, Access, enters into acquisition agreements with Standard Chartered Bank

Access Bank Pl, Access, and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola,...