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Money Market

Access Bank gets CBN approval to operate as holdco

    Access Bank Plc, has got the Central Bank of Nigeria, CBN, approval to operate as a holding company. To this end, the banks joins the...

Nigerian Banks staring at another asset quality crisis

      The Nigerian Banking system has been through two major asset quality crisis in the past twelve years: i) the 2009-12 margin loan crisis, which...

NDIC academy gets CIBN recertification as training provider for the banking industry

      Ibrahim The Nigeria Deposit Insurance Corporation (NDIC) Academy has been recertified and its accreditation renewed as a training service provider for various professionals in the...

Heritage Bank, FAMO support 300 Private Sch teachers, SMEs

    As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Fatima Mohammed (FAMO)...

COVID-19: Afreximbank disburses $200 million to Zenith Bank

  African Export-Import Bank (Afreximbank) has disbursed 200 million dollars to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). A statement from...

Ecobank announces new date for it’s ‘Africa Trade Conference 2020’

    Ecobank Nigeria, a member of the pan African banking Group has concluded plans to host its first Regional Trade Conference. The virtual forum with...

CBN freezes accounts of 38 Coys over forex infractions, others

    The Nigerian Central Bank has instructed banks in the Country Nigeria, to place a post-no-debit on the bank accounts of 38 companies. The affected accounts...

CBN urged to address Liquidity challenges faced by NIFIs

  The Central Bank of Nigeria, CBN, has been called to address the Liquidity challenges faced by the Non-Interest Financial Institutions, NIFIs, on investible instruments...

Wigwe bags African banker award

    The Group Managing Director/CEO of Access Bank PLC, Herbert Wigwe,  has bagged the ‘African Banker of the Year’ at the 2020 African Banker Awards. Wigwe...

COVID-19: CBN enjoins Nigerian Banks to support airlines and Media

The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has urged the Bankers' Committee  to extend special facility to support Nigerian-registered Airlines and...