By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Tuesday the Bank Verification Number (BVN) enrolment is a continuous exercise, according to Ibrahim Mua’azu, director, corporate communications. This is coming on the heels of complaints from bank customers that their bank has turned them back from […]
Money Market
World leaders to reduce money transfer costs
African and European leaders are set to meet this week to push for the reduction in the cost of money transfers incurred by migrants. The leaders are expected to meet today (Wednesday) and Thursday at the Valetta Summit on migration. In a leaked draft statement, the leaders have vowed to […]
Nigeria’s Stanbic IBTC cuts 2015 loan growth forecast to 3 pct
November 9, 2015/Reuters Nigeria’s Stanbic IBTC has cut its 2015 forecast for loan growth to 3 percent from 10 percent, citing the impact of slowing economic activities on businesses, the local unit of South Africa’s Standard Bank said on Monday. Africa’s biggest economy posted its lowest output growth for five […]
