Category: Money Market

CBN Dollar Sales on I&E Forex Window Falls Below 30% as Bankers’ committee simplifies BVN registration process for MFB customers

The Central Bank of Nigeria (CBN) dollar sales on the Investors and Exporters’(I&E) foreign exchange (forex) window have reduced to below 30 per cent, the Deputy Managing Director, Stanbic IBTC Bank Plc, Mr. Demola Shogunle, disclosed thursday.   Shogunle, who said this while addressing journalists on the outcome of the 333rd Bankers’ Committee meeting in…

CIBN others to host the anti-corruption programme, Abuja

The Chartered Institute of Bankers of Nigeria (CIBN) partnering Presidential Advisory Committee Against Corruption (PACAC) along with the Association of Chartered Certified Accountants (ACCA),and The Convention on Business Integrity (CBi) will have joined forces to tackle fraud and financial corruption in the country’s banking and finance sector. Advertisement According to the statement, the anti-corruption programme…

IADI Seeks Way To Optimal Deposit Insurance System For The Global Financial Safety Net

The International Association of Deposit Insurers (IADI) held its 4th Biennial Research Conference early June 2017 at the Bank for International Settlements (BIS) in Basel, Switzerland with 188 participants in attendants, representing a global audience of 67 jurisdictions. Advertisement According to the report, the conference focused on the theme of “Designing an Optimal Deposit Insurance…

Bridge Concept Partners UBA To Deeps Cashless Payment Through Naija Green Card

l-r: Founder Naija Green Card, Abimbola Daramola  and Head Digital & Consumer Banking, United Bank for Africa (UBA) Group, Yinka Adedeji, during the official launch of the Naija Green Card Prepaid Card at the UBA house, Lagos Advertisement The Bridge Concepts Limited has announced a partnership with the pan African Financial institution, United Bank for…