Archives for MONEY MARKET - Page 85
CBN reviews cash withdrawal limits to N500,000 for individual, N5,000,000 for Corporate
Central Bank of Nigeria has bowed to public outcry on the cash withdrawal limits and has reviewed the amount individual and corporate can withdrawal in a week upwards. The apex…
CBN may withdraw banks’ forex license over diaspora remittances
The Central Bank of Nigeria, CBN, yesterday, threatened to withdraw foreign exchange dealership licences of banks that partner with International Money Transfer Operators, IMTOs, to violate its directive that beneficiaries…
Sterling Bank Introduces MBN, set to showcase best of Nigeria at maiden fair
L-R: Oluwatobi Ajayi, Chairman, Nord Automobiles Limited; Ifedayo Agoro, Chief Executive Officer, Dang Lifestyle; Abubakar Suleiman,Managing Director and Chief Executive Officer, Sterling Bank Plc; Ibidapo Martins, Chief Marketing Officer, Sterling…
Stanbic IBTC Hosts 8th West Africa Property Investment Summit
L-R: Folashade Oluwole, Manager, Conglomerates & Industrials, Stanbic IBTC Bank; Babatope Davies, Vice-President, Real Estate Finance, Stanbic IBTC Capital; Tola Akinhanmi, Head, Real Estate Finance, West Africa, Stanbic IBTC Capital;…
SMEDAN microfinance bank kicks off early 2023 —Fasanya
SMEDAN logo By Ngozi Onyeakusi---In a bid to assist small business owners have access finance, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has resolved to commence operations of…
Banks to commence issuance of new Naira notes today
Commercial banks will commence the circulation of the much awaited newly redesigned Naira notes from the Central Bank of Nigeria (CBN) to customers across the country today. This is coming…
FIRSTBANK DECEMBERISSAVYBE: IF YOUR DECEMBER IS NOT VYBING, YOU AREN’T IN DECEMBER
By Bolaji Israel--- In Nigeria, the first day of December ushers in the advent of the festive season which runs through the month progressively till early January when businesses and…
More Winners to emerge in the Ongoing Polaris Save & Win Promo
…as 2nd draw holds today The second draw of the on-going Polaris Bank Save & Win promo is scheduled to hold on Thursday December 8, 2022. The draw which will…
Sterling named Best Employer for the fifth time in a row
Nigeria’s leading commercial bank, Sterling Bank PLC, has set a new milestone by winning the Overall Best Place to Work title for the fifth consecutive year at the annual Great…
CBN limits cash withdrawals to N100,000 weekly, POS withdrawals N20,000 daily
Emefiele The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which take effect from January 9, 2023. According to a new memo to banks…
