ADB president Kuroda nominated to become Japan’s next central bank governor Japan‘s prime minister Shinzo Abe vowed to push ahead with more aggressive monetary easing as he Thursday nominated Haruhiko Kuroda to head the country’s central bank. The current Bank of Japan governor, Masaaki Shirakawa, will step down on March […]
World News
Reducing Cost of Remittance, African Migrants to Save $4 billion
By Our Correspondent Lagos (INVESTADVOCATE)-If the average cost of sending remittance is reduced to five percent (5%) from the current 12.4% Africa’s migrants and their families who rely on remittances for survival will save about $4 billion. This is contained in the March 2013 issue of Finance & Development a […]
CBN Extends KYC Update Deadline
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria Tuesday said it has extended the deadline on the update for Know Your Customer (KYC) in respect of Designated Non-Financial Businesses and Professions (DNFBPs). This is contained in a Circular with Reference Number FPR/DIR/GEN/CIR/03/001 dated February 25 2013 by Nwaoha […]
