Nigeria’s premier financial services brand, First Bank of Nigeria Limited, joined over 50,000 global institutions to commemorate the 2019 Global Money Week (GMW), which took place on March 25 – 31, 2019. The 2019 Global Money Week is themed “Learn…
CBN, banks set aside n200bn for agric, export (Independent)
The Central Bank of Nigeria (CBN) and the Bankers Committee, an umbrella body of commercial banks in the country, yesterday said they have set aside N200 billion facility to support and standardise agricultural produce exportation. Mr. Kennedy Uzoka, Managing Director,…
CBN to retire N162b short-dated bills over costs (Guardian)
The Central Bank of Nigeria (CBN), in the next three months, is expected to remove not less than N162.49 billion from the country’s domestic debt profile, put at N12.29 trillion as at September 30, 2018. The move, coming amid revenue…
Leave Keystone Bank, 9mobile alone, share your manifesto with Nigerians – Gbenga Ogunleye
There have been interesting events in the political terrain in the past few weeks, but the one that has gained unnecessary attention was this allegation by the opposition Peoples Democratic Party (PDP) that the President Muhammadu Buhari and his family…
The ruling class and the challenge of governance – Jaye Gaskia
As we approach the decisive moment of the 2019 general elections, a number of issues are emerging, re-emerging, and or are being reinforced. Ordinarily these issues should play very significant roles in shaping the electoral campaigns, and ultimately the outcome…
Bankers Warehouse demands apology from EFCC over seized $2.8m (Guardian)
Bankers Warehouse, the company whose officials were arrested by the Economic and Financial Crime Commission on Thursday with $2.8 million cash, said the anti-graft EFCC agency erred in intercepting the money. EFCC said the two Bankers Warehouse officials, Ighoh Augustine…
NOVA Merchant Bank appoints Anya Duroha substantive MD/CEO
The Board of NOVA Merchant Bank has confirmed the appointment of Mr. Anya Duroha as the substantive Managing Director/Chief Executive Officer. The Board’s confirmation made at its meeting of Thursday, December 6, 2018, is subject to the approval of the…
Unity Bank wins CBN coveted award
Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for ‘Sustainable Transaction of the Year in Agriculture’. The Bank won the coveted award for its compliance with the Sustainable Banking Principles…
MTN vs CBN case adjourned to December 4
The court hearing between the Central Bank of Nigeria (CBN) and MTN over the alleged repatriation of funds amounting to $8.1 billion has ended in an adjournment. Sitting at the Federal High Court in Ikoyi, Justice Saliu Saidu, after hearing…
‘Why government must use capital market for privatisation’ (Guardian)
As the Federal Government steps up plans to offer more of its assets for sale under the ongoing privatisation programme, stakeholders in Nigeria’s capital have renewed the call to ensure that the exercise is done through the capital market. The…