Money Market

FirstBank Drives Accessibility through Lifestyle-Driven Banking Offerings

3/8/2016/First Bank of Nigeria Ltd As the most valuable   banking brand in Nigeria, with over 120 years of banking heritage, First Bank of Nigeria Limited has been on a journey of strength and dynamism committed to providing the best financial solutions to its customers. The Bank through the years has […]

CBN Says Customers Can Now Deposit Cheques Up to N2 million into Savings Accounts

By InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank of Nigeria on Tuesday said bank customers can now deposit cheques not more than N2 million in value into their savings account per day. This is contained in a circular with reference number BPS/DIR/GEN?CIR/03/005 dated July 28, 2016 and signed by Dipo Fatokun, […]

CBN Warns: Beware of Unregistered Money Transfer Operators

3/8/2016/CBN The Central Bank of Nigeria (CBN) wishes to advise Nigerians at home and in the Diaspora to beware of the unwholesome activities of some unlicensed International Money Transfer Operators (IMTOs) in Nigeria. This warning has become necessary because of the activities of some unregistered IMTOs, whose modes of operation […]