CBN Rejects Mutilated Banknotes From Banks
Yemisi Izuora Going forward, the Central Bank of Nigeria, CBN, would not tolerated ‘composed banknotes’ from Deposit Money Banks, DMBs. The CBN, has therefore warned banks to stop bringing “composed…
Money Market
FG Bonds Opens For Local Investors At N1,000 Per Unit-DMO
Yemisi Izuora The Debt Management Office (DMO), says two Federal Government of Nigeria (FGN) bonds for the month of February are now open for subscription to local investors at N1000…
Bank loans to govt hits N2.1trn in 9 months
Bank loans to the government rose by 22.59 per cent to N2.17 trillion as at the end of September 2021 from N1.77 trillion recorded in December 2020. This represents a…
Ecobank, GTB lead eNaira adoption in Nigeria
Ecobank and GTB are currently leading in customers adoption of the eNaira. eNaira is Africa’s first Central Bank Digital Currency (CBDC) introduced by the Central Bank of Nigeria (CBN) in October. A…
First Bank Splash Cash, Other Gifts To Firstmonie Wallet Customers
Yemisi Izuora First Bank has extended mouth watering rewards to users of Firstmonie Wallet. This Wallet is a mobile-friendly wallet application developed by FirstBank to enhance customer experience. At the…
e-Naira: CBN assures effective technology to check hackers, fraudsters
The Central Bank of Nigeria (CBN), has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters. The Director, Corporate Department, CBN, Mr…
CBN Escalates Advocacy On eNaira Acceptance
Yemisi Izuora The Central Bank of Nigeria (CBN), is sustaining public enlightenment for the eNaira the country’s first digital currency, that it is set to launch. The Bank said on…
UBA: Our Products And Services Meeting Customers Needs
Yemisi Izuora The United Bank of Africa, Plc, UBA, has attributed its outstanding financial performance to excellent services and quality products that meet its customers expectations. The Group Managing Director/Chief…
Lagos Green Bond Boosted With MoU Between FMDQ And FSD
Yemisi Izuora FMDQ Group and FSD Africa have entered into a Memorandum of Understanding, MoU with Lagos State Government to hasten the maiden Lagos State Green Bond issuance. It was…
CBN Demands Capacity Building For Banks Ahead Of e-Naira Debut
Yemisi Izuora The Central Bank of Nigeria, CBN, has advised Deposit Money Banks (DMBs) to strengthen their operational capacity to effectively harness the opportunities of the E-Naira. Deputy Governor, Operations…
