November 04, 2015/FirstBank In keeping with its tradition of engagement and supporting economic development, Nigeria’s most valuable bank brand, FirstBank is throwing its weight behind the 35th edition of Lagos international Trade Fair. During the ten-day fair, the Bank’s broad clientele and prospective customers will benefit from FirstBank’s expert financial […]
Money Market
Banks block five million customers’ accounts • No withdrawal without BVN –CBN
At least five million bank accounts were deactivated by Deposit Money Banks operating in the country on Saturday night following the October 31, 2015 deadline set by the Central Bank of Nigeria for bank customers to register and obtain their Bank Verification Numbers, findings by our correspondents showed on Monday. […]
CBN adjusts exchange rate peg again
The Central Bank of Nigeria weakened its exchange rate peg to N197 against the dollar on the interbank market on Friday, down from N196.97, Reuters reported quoting foreign exchange dealers. Traders said the regulator set the new rate for market closing price on Thursday, making this the 11th adjustment since […]
