By Grace Alegba The National Institute of Credit Administration (NICA) says inadequate funding is delaying the implementation of the Federal Government’s plan to train 10 million Nigerians in credit management and financial inclusion. The Registrar/Chief Executive Officer of NICA, Prof. Chris Onalo, disclosed this in an interview with the NewsContinue Reading
The 47th edition of the Central Bank of Nigeria (CBN)-sponsored Senior Tennis Championship will begin on Friday 12 at the Tennis Complex, Package B, Moshood Abiola National Stadium, Abuja.Continue Reading
By Grace Alegba Prof. Pius Olanrewaju, outgoing president, Chartered Institute of Bankers of Nigeria (CIBN), has urged stronger ethics and professionalism to sustain stability and public confidence in Nigeria’s financial system. Olanrewaju made the call in Lagos during his valedictory address marking the end of his tenure as the institute’sContinue Reading
By Taiye Olayemi The stock market on Thursday closed on a negative note as investors lost N1.92 trillion, following sell-offs in banking and cement stocks. This is amid reactions to new regulatory guidelines by the Central Bank of Nigeria (CBN) on foreign subsidiaries of banks. Market capitalisation dropped from N155.780Continue Reading
By Ginika Okoye Some bank customers in the Federal Capital Territory (FCT) have frowned upon the continuous increase in banks’ services in spite of the challenging economic environment and their outcry. The customers, who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, described the recent AutomatedContinue Reading
By Isaiah Eka Ms Emem Usoro, the Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN) has urged graduands of the Akwa Ibom State University (AKSU) to exude discipline and excellence in their future endeavours. Usoro made the call after being conferred an honorary doctorate degree in Business Administration byContinue Reading
By Ginika Okoye The President of the Capital Market Academics of Nigeria (CMAN), Prof. Uche Uwaleke, has called for an independent oversight committee involving capital market investors in the annual auditing of the Unclaimed Funds Trust Funds (UFTF). Uwaleke disclosed this in an interview with the News Agency of NigeriaContinue Reading
By Nana Musa The Federal Government has committed 500,000 dollars to AFRITAC West 2 Phase III, reinforcing efforts to strengthen policy capacity and macroeconomic management across West Africa. The agreement was signed during the IMF/World Bank Spring Meetings involving senior officials from the International Monetary Fund (IMF) and the CentralContinue Reading
By Grace Alegba The Central Bank of Nigeria (CBN) says strong governance and risk discipline are critical to the success of Nigeria’s ongoing bank recapitalisation programme. Dr Blaise Ijebor, Director of Risk Management Department and Chief Risk Officer at CBN, said this on Thursday at a virtual risk management roundtableContinue Reading
By Ginika Okoye A financial and capital market expert, Dr Dayo Obisan, says systems and data integration is one the challenges of organisational mergers and acquisitions. Obisan said this at the virtual 12th Fellowship and Inaugural Lecture of the Capital Market Academics of Nigeria (CMAN) in Abuja. The News AgencyContinue Reading
