Banking&Finance - Page 12

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

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

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

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

Mohammed Shosanya From November 1, 2023,the Central Bank of Nigeria,will begin to sanction banks over rejection of ‘Magnetic Ink Character Recognition line’ (MICR Line), which it called MICR reject, in cheque related

Mohammed Shosanya The Central Bank of Nigeria (CBN) lifted the ban on 43 products from accessing foreign exchange (forex) because the restriction pushed importers into the parallel market and increased the surplus

Mohammed Shosanya United Bank for Africa (UBA) Plc, is set to commence a Fraud Awareness Week – an initiative designed to empower customers with knowledge and tools to protect them against fraud

Mohammed Shosanya The Central Bank of Nigeria, Thursday, announced the suspension of restriction on importation of 43 items into the country. Importers of all the 43 items previously restricted by the 2015

Mohammed Shosanya The Central Bank of Nigeria (CBN) says the adoption of the eNaira is not and never a threat to financial stability in the country. The Director, Corporate Communications of the

Mohammed Shosanya Nigeria’s Guaranty Trust Bank has partnered with Infosys Finacle to use the latter’s services for its multi-country digital banking transformation program. Guaranty Trust Bank will select the Finacle Digital Banking