Archives for MONEY MARKET - Page 45
CBN cracks down on banks over anti-money laundering, counter-terrorism breaches
To safeguard Nigeria’s financial system, nurse the economy back to good health and restore investor confidence, the Central Bank of Nigeria (CBN) has issued a stern warning to banks and…
FG probes banks, telco, airline over customers’ complaints
BY NGOZI ONYEAKUSI Federal Competition and Consumer Protection Commission (FCCPC) has discloses plans to probe banks telecoms and airlines over customers' complaints. FCCPC Director of Corporate Affairs, Ondaje Ijagwu, disclosed…
UBA, NIBSS, other Banks collaborate on NQR payment solution
BY NGOZI ONYEAKUSI L-R: Elliot Sangoleye, Head, e-Business & Digital Banking Group, Providus Bank; Akwaugo Sylva-Ezemoka, Head Banks Team 2, NIBSS; Abidemi Asumo, Vice Chairman, Committee of e-Business Industry Heads…
CBN Rolls Out New Website
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has announced the launch of its newly redesigned website (). The apex bank in a statement…
CITN Organizes Workshop for Finance Journalists
BY NGOZI ONYEAKUSI The Chartered Institute of Taxation of Nigeria (CITN) will host a one-day workshop to enhance the knowledge of media practitioners and finance reporters, particularly members of the…
AuG uncovers N14bn tax fraud in over 30 agencies
A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to across more than 30 Ministries, Departments, and Agencies. The findings, disclosed in the Auditor-General’s Annual Report…
ZENITH BANK EXPANDS GLOBAL FOOTPRINTS WITH PARIS BRANCH LAUNCH
BY NGOZI ONYEAKUSI L-R: Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; President/Chief Executive, Dangote Group, Alhaji Aliko Dangote, GCON; Group Managing Director/Chief Executive, Zenith Bank…
Access Bank Completes Acquisition of Standard Chartered Bank Angola S.A, Standard Chartered Bank
Further to our July 14, 2023 announcement regarding the above subject, Access Holdings PLC is pleased to announce that its flagship subsidiary, Access Bank PLC has completed the acquisition of…
CBN hikes interest rate to 27.50% in fierce inflation fight
CBN Governor, Olayemi Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its 298th meeting in Abuja on Tuesday with a unanimous decision to…
Food prices rose in October NBS
The National Bureau of Statistics (NBS) says prices of beans, eggs, bread, rice, and other food items witnessed significant price increases in October 2024. The NBS said this in its…
