Archives for MONEY MARKET - Page 325
Emefiele, now President of African Central Banks
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been elected the President of the Assembly of Governors of the Association of African Central Bank Governors (AACB) for…
Skye Bank is neither distressed nor liquidated… CBN
The Central Bank of Nigeria has urged to customers of Skye Bank Plc not to panic saying the bank is neither distressed or liquidated. The assurance was given by the…
Sterling Bank Launches Diaspora Services
In line with its enriching life mantra and plan to extend its unique banking services abroad, Sterling Bank Plc over the weekend, announced the launch of the Sterling Diaspora Services…
Accolades flow as Oduoza retires
Experts within and outside the banking industry have continue to commend the outgoing Managing Director of United Bank for Africa (UBA), Mr. Phillips Oduoza for his outstanding leadership qualities. Speaking…
Access Bank CEO, Wigwe Speaks in Support of Agriculture
GMD/CEO of Access Bank Plc, Herbert Wigwe has restated the Bank’s capacity and desire to support the Federal Government’s efforts in diversification of the economy, especially in the agricultural sector.…
CBN directs authorized dealers to sell foreign currency to BDCs
The Central Bank of Nigeria (CBN) directed the authorized dealers to the approved International Money Transfer Operators (IMTO) to sell foreign currency accruing from inward money remittance to licensed Bureaux…
Nigeria to host African Central Banks Governors meeting
The Central Bank of Nigeria (CBN) has concluded plans to host the 2016 annual meeting of the Association of African Central Banks (AACB) , scheduled to hold in Abuja, from…
UBA partners MasterCard to play in 18 new African markets
United Bank of Africa (UBA) and MasterCard have entered into a partnership which will position UBA to act as issuer for MasterCard in 18 new markets in Africa. With the…
CBN injects fresh loan to Skye Bank
The Central Bank of Nigeria, has injected fresh loan to Skye Bank Plc. to boost its liquidity after the lender breached requirements on capital and lending. The short-term lending…
Skye Bank still belong to shareholders … new Chairman
The Chairman of Skye Bank Plc, Alh. Ahmad, has clarified that the reconstitution of the board of the bank by the Central Bank of Nigeria (CBN) was not a takeover…
