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
The 2nd Vice President,CIBN, Mr Dele Alabi, The 2nd Vice President,CIBN, Mr Dele Alabi, FCIB, The President Chairman of Council, CIBN Dr. Ken Opara, FCIB, The Deputy Governor, Lagos State, Mr. Femi Hamzat,1st Vice President CIBN, Prof Deji Olanrewaju, FCIB, MD/CEO, FCMB, Mrs Yemisi Edun, FCIB, Registrar/CEO, CIBN,Continue Reading
By Rukayat Adeyemi Mr Oliver Alawuba, Group Managing Director, United Bank for Africa (UBA), has reiterated the bank’s commitment to enhancing customer experience. He also expressed optimism on greater achievements for customers and shareholders. In a statement signed by Mr Nasir Ramon, Group Head, Media andContinue Reading
By Aderogba George A Civil Society Organisation, Save Nigeria Movement (SNM), said the Central Bank of Nigeria (CBN) should compensate Nigerians with two trillion Naira for losses during the naira redesign by the suspended Governor, Godwin Emefiele. The group said this in a letter to the CBN dated July 6Continue Reading
By Ikenna Uwadileke The African Export–Import Bank (Afreximbank) on Thursday in St Petersburg, Russia, announced a credit limit of 3 billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afreximbank, Dr Benedict Oramah said this at the openingContinue Reading
By Kadiri Abdulrahman The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Monday raised the country’s Monetary Policy Rate (MPR) from 18.5 per cent to 18.75 per cent. The Acting Governor of the CBN, Mr Folashodun Shonubi made this known on Tuesday, while presenting the communiqueContinue Reading
By Kadiri Abdulrahman As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its July meeting, some financial experts have called for moderation in its policy decisions. The News Agency of Nigeria (NAN) reports that the CBN has announced that the 292nd meeting of theContinue Reading
