By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), is set to recover loans it granted some categories of Nigerians to ameliorate harsh socio-economic realities. The News Agency of Nigeria reports that the loan initiative involved is the Targeted Credit Facilities (TCF), granted to some Nigerians in 2020 to cushionContinue Reading
By Lucy Ogalue The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has condoled with the people of Morocco on the recent earthquake that claimed many lives and injured thousands. Adesina in a statement described the incident as devastating and distressing. The News Agency of Nigeria(NAN) reports that Morocco,Continue Reading
By Lucy Ogalue The African Development Bank(AfDB) has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) to insulate countries against catastrophic weather-related events. The AfDB’s President, Dr Akinwumi Adesina, said this in a statement on the bank’s website. Adesina spoke on the sidelines of theContinue Reading
By Nana Musa The Chief Executive Officer (CEO) of the First Bank Group, Dr. Adesola Adeduntan said that the group had made banking transactions convenient for its customers to transact all their business. He said this at the cocktail party organised by the Annual Banking and Finance Conference in AbujaContinue Reading
By Lydia Ngwakwe The Chartered Institute of Bankers of Nigeria (CIBN) has inducted 1,212 graduated banking professionals, urging them to continuously learn and adapt to new changes. The President/Chairman, CIBN, Dr Ken Opara, gave the advice at the 2023 CIBN graduates induction and prize award on Saturday inContinue Reading
The Chartered Institute of Bankers of Nigeria (CIBN) has commended President Bola Tinubu for unifying the Naira exchange rate to save the country from financial crisis. The President/ Chairman of Council of CIBN, Dr Ken Opara, said this at the 2023 Lagos Bankers Night with the theme, ” ExchangeContinue Reading
By Lydia Ngwakwe The Nigeria Electronic Fraud Forum (NEFF) has called on stakeholders in the financial sector to collectively address and mitigate risks posed by electronic fraud. Mr Musa Jimoh, Director, Payment Systems Management of the Central Bank of Nigeria (CBN), made the call at the company’ third quarter 2023Continue Reading
By Lydia Ngwakwe The Association of Corporate Affairs Managers of Banks (ACAMB) has urged traditional financial institutions to embrace innovation and adapt in a changing environment to remain relevant. The President of ACAMB, Mr Rasheed Bolarinwa, gave the advice at the association’s second National Stakeholder Conference 2023 edition inContinue Reading
By Lydia Ngwakwe The Lagos State Branch of the Chartered Institute of Bankers of Nigeria (CIBN) has perfected plans to hold its 2023 Bankers Night on key policy issues affecting the nation’s economy. The Chairman, Lagos State CIBN, Mr Adeyemo Adeoye, said at a media briefing on TuesdayContinue Reading
By Ibukun Emiola The Chief Executive Officer (CEO), First Bank of Nigeria Ltd., Mr Adesola Adeduntan, says technology will drive financial inclusion and increase efficiency in the banking system as trends evolve globally. Adeduntan said this in Ibadan on Wednesday at the inauguration of the FirstBank Digital Xperience Centre,Continue Reading
