December 2, 2015/The Will The Central Bank of Nigeria, CBN, Wednesday threatened to blacklist commercial banks used for money laundering, even as it warned that the management and directors of such banks are in for trouble. The bank’s Deputy Governor in charge of Financial System Surveillance, FSS, Mr. Okechukwu Joseph […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has said that forms for processing the N220 billion Micro, Small and Medium Enterprises (MSMEDF) Development Fund are not for sale. “It has come to the notice of the Central Bank of Nigeria again that some unscrupulous persons are defrauding unsuspecting […]

Fri Nov 13, 2015/Reuters South Africa MTN Group’s Executive Chairman Phuthuma Nhleko was in Nigeria, a source with knowledge of the matter told Reuters, as a deadline to pay a $5.2 billion fine for failing to disconnect unregistered SIM cards approached. MTN has said it was continuing talks with the […]