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Category: Economy

Business Economy headline

Obiora assumes duty as new CBN DG

Iheanyi Ejiofor March 3, 2020 No Comments #Obiora Assumes Duty As New CBN DG

Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph Nnanna, who exited from the Bank on February…

Read More Obiora assumes duty as new CBN DG
Business Economy

Fidelity bank honoured at the 2019 Silverbird Man of the Year Awards

Iheanyi Ejiofor March 2, 2020 No Comments Fidelity Bank Honoured at the 2019 Silverbird Man of the Year Awards#

Top Nigerian lender, Fidelity Bank Plc was Friday honoured for its innovative digital banking solutions and consistent support for Micro Small Medium Enterprises (MSMEs) in the country at the 2019…

Read More Fidelity bank honoured at the 2019 Silverbird Man of the Year Awards
Business Economy

Sanwo-Olu commissions UBA business office at new ultra-modern Afriland towers

Iheanyi Ejiofor March 2, 2020 No Comments

The United Bank for Africa (UBA) last Friday, officially added a new touch point to its network. UBA operates in 20 African countries and in the United Kingdom, the USA,…

Read More Sanwo-Olu commissions UBA business office at new ultra-modern Afriland towers
Business Economy

CBN warns banks against misleading customers on domiciliary account

Iheanyi Ejiofor February 25, 2020 No Comments #CBN warns banks against misleading customers on domiciliary account

The Central Bank of Nigeria on Monday cautioned Banks in the country against misleading their customers on transactions carried out through domiciliary accounts. In a letter dated February 24, 2020,…

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Economy

MPC calls for review of capital requirement of banks

Iheanyi Ejiofor February 21, 2020 No Comments MPC calls for review of capital requirement of banks

The Central Bank of Nigeria CBN-led Monetary Policy Committee, MPC, has advocated for a review of capital requirement of banks in the country. Folashodun Shonubi, deputy governor, operations directorate, CBN…

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