There are signs last week that about N30 billion would be pulled out from distributable profits of 10 banks to honour Nigerian Bankers Committees’ (NBC) decision to fund the Central Bank ...
First City Monument Bank (FCMB) Limited has unveiled a reward scheme tagged ‘FCMB Millionaire Promo Season 4’ starting from from March 1, 2017. The scheme, according to the bank, is ...
A Federal High Court in Lagos has adjourned till March 24, 2017, for hearing in the suit filed by Miss Oluwatise Aderinokun, the eight-year-old and last child of the late ...
The National Insurance Commission (NAICOM) on Friday said it had held a meeting with the Central Bank of Nigeria (CBN) to reinstate the sale of insurance products in banks (bancassurance). ...
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce ...
Written by Abe Oluwasegun The main objectives behind every business are success, growth and profit. It is now becoming a constant phenomenon for businesses to end up not achieving any of ...
In banking, the concept of demand for money identifies three reasons why money needs to be kept: individual and corporate need to keep cash near to meet their daily purchase ...
The Central Bank of Nigeria (CBN) has rolled out nationwide cashless policy implementation timelines and guidlines across all states. The CBN had earlier re-introduced and reviewed charges on cash deposits ...
The Central bank of Nigeria (CBN) recently pegged the Naira exchange rate for payment of school fees (strictly universities) abroad and Personal Travel Allowance (PTA) at N375 to the dollar. ...
South Africa’s Nedbank booked a $293 million write-down on the value of its stake in sub-Saharan lender Ecobank on Tuesday and reported its slowest growth in annual profit since 2009. ...