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AFS: Three commercial banks blame regulatory approval for late submission

Three listed commercial banks in the country risk being sanctioned by the Nigerian Stock Exchange (NSE) for late submission of their 2016 Annual Financial...
naira-bounces

Naira bounces back, gains at all forex segments

The Naira on Tuesday bounced back at all segments of the foreign exchange market, from its recent sharp drop after weeks of continuous gains...
Sterling Bank

Sterling Bank tutors 17,000 students on financial management

As part of commitment in promoting financial literacy among students, Sterling Bank last week, trained over 17,000 secondary school students across the country on...
NIBSS

Instant payment transactions hit N38.2trn in 2016– NIBSS

The Nigeria Inter-Bank Settlement System Plc (NIBSS) has said that total volume of Instant Payment (NIP) transactions recorded 154.5 million with value of N38.2...
Central Bank

CBN assures on adequate forex for BTA, medicals, others

Due to claims that some Deposit Money Banks (DMBs) do not have forex to sell to retail buyers, the Central Bank of Nigeria (CBN)...

Alibaba’s Ant Financial buys MoneyGram for $880m

Ant Financial, the digital payments arm of e-commerce giant Alibaba, is buying US-based MoneyGram for $880 million (£700 million).MoneyGram has about 350,000 outlets in...

Favourable conditions will aid Naira value – ABCON

The President of the Association of Bureau de Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, believes the naira has the potential to improve...

LCCI thrashes CBN for inflation fixation

The Lagos Chamber of Commerce and Industry (LCCI) has trashed the outcome of last week’s Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC)...

Ecobank Masterpass QR records high patronage

The Deputy Managing Director, Ecobank Nigeria, Tony Okpanachi, has expressed delight over the level of acceptability and wide patronage of Ecobank MasterPass QR, an...

CIBN, economists x-ray Nigeria’s outlook in 2017 tomorrow

The Chartered Institute of Bankers of Nigeria Centre for Financial Studies (CIBNCFS) in collaboration with B. Adedipe Associates Ltd (BAA)...

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