By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said its set to appoint Clare Brady as the Funds Director of Internal Audit. Christine Lagarde, Managing Director (MD) of the IMF today announced her intention to appoint Brady as Director of the Fund’s Office of Internal Audit and […]
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CBN Goes Tough on Customers’ Protection
In line with its commitment to protect bank customers, the Central Bank of Nigeria (CBN) at the weekend said it would soon introduce a policy aimed at enforcing the repayment of illegal deductions on customers’ account by banks. Specifically, the CBN Governor, Mallam Sanusi Lamido Sanusi, who revealed this at […]
1st Bank Enforces Charges on Cash Policy
First Bank of Nigeria has said it would, from October 1, begin implementation of the cashless policy of the Central Bank of Nigeria, which stipulates that banks should charge customers for every cash deposit and withdrawal exceeding N500,000 for individuals and N3 million for corporate organisations. The CBN directive on […]
