Money Market

Union Bank Names Cyril Odu New Chairman

November 26, 2015/UBN Plc Union Bank of Nigeria Plc has appointed Mr. Cyril Odu as Chairman of the Board of Directors following the resignation of previous Chairman, Senator Udoma Udo Udoma, who was recently appointed Minister of Budget and National Planning by President Muhammadu Buhari. Mr. Odu joined the Board […]

Nigerian Banks Adequately Capitalised – CBN, Says FX Policy Largely Successful

November 24, 2015/The Will The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Tuesday that all Nigerian banks were adequately capitalised, debunking recent reports that some three banks did not meet the minimum 10 percent capital adequacy ratio and had been asked to recapitalise. “This has been a […]

FirstBank Partners Eventful to Promote Food Economy Initiative

November 23, 2015/FirstBank First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC and Nigeria’s most valuable bank brand, has again reaffirmed its commitment to the development of the wellbeing of Nigerians through its support for the development of the agricultural value chain in our nation and beyond. Given […]