Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard version 3.2, having achieved the International Organisation for Standardisation ISO 27001:2013 recertification recently.
Browsing: CBN
The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound Sterling and the Euro closed at N480 and N420.
The Manufacturers Association of Nigeria, MAN, has urged the Central Bank of Nigeria, CBN, to reduce its Monetary Policy Rate from 14 per to boost lending to the real sector.
The Kwara State Governor, Alhaji Abdulfatah Ahmed, on Monday flagged-off the Central Bank of Nigeria Anchor Borrowers’ Programme in the State.
The Central Bank of Nigeria on Friday launched the sale of foreign exchange in Chinese Yuan signalling the consummation of the Nigeria-China Currency Swap Agreement.
The SANEF initiative is an effort by the apex bank to spur quick growth in the level of financial inclusion through availability of financial access points, especially in the Northern part of the country.
The CBN acting Director, Corporate Communications, Isaac Okoroafor, said that the CBN offered 100 million dollars to authorised dealers in the wholesale segment of the market.
Ciroma, who was also a former Minister of Finance, died on Thursday at the age of 83 years and had since been buried.
The President in a condolence message by his Special Adviser on Media and Publicity, Femi Adesina, in Abuja on Thursday, condoled with the Ciroma family, the government and people of Yobe on the passing of the elder statesman.
Family sources said the elder statesman died in a Turkish hospital, Abuja, on Thursday after a protracted illness.
Nuhu Muazu, the Head, Financial Development Department of CBN, FCT chapter, said this at a seminar organised by the Cooperative Financing Agency of Nigeria in Abuja.
“On behalf of the Board and Management of the Bank, I want to thank Mr Oloketuyi for his service and wish him the best in his future endeavours,” said Oluwole Ajimisinmi, Wema Bank’s Company Secretary and Legal Adviser.
The News Agency of Nigeria reports that the theme of the lecture is: “Of Banks and Bankers: Finance and the Challenge of Economic Development in Nigeria”.
At the height of this reign of impunity and vast corruption, the former Governor of the Central Bank of Nigeria and the present Emir of Kano, Sanusi Lamido Sanusi, had in 2014 accused the NNPC of failing to remit $20 billion into the coffers of government. This was during the era of high oil prices. He had also complained about the lack of transparency in the operations of the subsidy payment regime and was booted out of office for blowing the whistle on corruption.
Dipo Fatokun, Director, Banking & Payment Systems, CBN, stated this at the third Annual Banking Security Summit organised by MAXUT Consulting in partnership with OneSpan, global data Security Company on Thursday in Lagos.
The News Agency of Nigeria reports that the four-day retreat, which opened on Thursday in Kaduna to review the eight bills, is being chaired by the Director-General, Debt Management Office, Patience Oniha.
According to him, the bank, in its desire to meet customers’ needs, offered 100 million dollars to authorised dealers in the wholesale segment of the market, while the Small and Medium Enterprises segment got 55 million dollars.
The News Agency of Nigeria reports that Adelabu made the declaration at the APC Secretariat in Ibadan after paying a visit to his family compound and APC stalwarts in his local government.
Okoroafor said this on Tuesday at a news conference in Abuja ahead of this year’s edition, holding from June 21 to 30.
Alhaji Aminu Gwadabe, President, ABCON, told the News Agency of Nigeria in Lagos that the approval would enable BDCs to sell Personal and Business Travelling Allowances to its customers in Yuan.