Banking&Finance - Page 11

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

March 30, 2023

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CBN Raises The Alarm Over Fake Naira Banknotes In Circulation

The Central Bank of Nigeria CBN,Friday raised the alarm over circulation of counterfeit Naira notes in circulation warning the general public to beware of the fake notes in their daily transactions. The

December 8, 2023

Banking&Finance·Business

CBN Directs Banks To Accept Old,Redesigned Naira Banknotes

Mohammed Shosanya The Central Bank of Nigeria (CBN),Wednesday directed all banks across the country to continue to issue and accept both the old and redesigned Naira notes, declaring that both monies remain

November 29, 2023

Banking&Finance·Business

CBN Mulls New Forex Laws To Stabilize Exchange Rate

Mohammed Shosanya The Central Bank of Nigeria,will soon introduce a new set of foreign exchange laws and guidelines to address naira depreciation and achieve exchange rate stability in the country. Governor of

November 26, 2023

Banking&Finance·Business

All Banknotes Remain Legal Tender Indefinitely -CBN

Mohammed Shosanya The Central Bank of Nigeria CBN on Tuesday declared that both the both the old naira notes, and the redesigned naira notes would remain legal tenders in the country. The

November 15, 2023

Banking&Finance·Business

All Banknotes Remain Legal Tender, Says CBN

The Central Bank of Nigeria,CBN,says all banknotes remain legal tender in the country. The apex bank’s clarification was sequel to rumours of insufficient funds, and rejection of old notes in some parts

November 9, 2023

Banking&Finance·Business

CBN Will Add Value To Lives Of Nigerians-Cardoso

Mohammed Shosanya The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the bank will focus mainly on the core mandate of price stability under his leadership He disclosed

November 6, 2023

Banking&Finance·Business

We’ve Enough Currency Notes -CBN

Mohammed Shosanya The Central Bank of Nigeria (CBN), Thursday assured that it has available sufficient cash in stock of currency notes. In a statement signed by Isa AbdulMumin, Director, Corporate Communications,who conveyed

November 4, 2023

Banking&Finance·Business

CBN Says No Plan To Redenominate Naira

Mohammed Shosanya The Central Bank of Nigeria (CBN) has said that it has no plan to redenominate the Naira currency. The CBN’s director of corporate communications, Dr. Issa AbdulMumin, who disclosed this

November 1, 2023

Banking&Finance·Business

UBA Grows Gross Earnings By 115% In Q3

Mohammed Shosanya The United Bank for Africa (UBA) Plc, has announced an exceptional performance in its unaudited financial results for the third quarter ended September 30, 2023. The bank’s gross earnings grew

October 30, 2023

Banking&Finance·Business

Currency Circulation Now N66.4trn-CBN

Mohammed Shosanya The Central Bank of Nigeria CBN),says Nigeria’s total money supply (M2) increased to N66.4 trillion in September 2023. The data from the apex bank on money supply in the economy

October 28, 2023

Banking&Finance·Business

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