Money Market

CBN Direct Banks to Equip Branches on E-Dividend Mandate Forms

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday directed all Deposit Money Banks (DMBs) in Nigeria to equip all its branches to treat, validate, scan and upload e-Dividend mandate forms presented to them. The circular with reference number BPS/DIR/GEN/05/009 dated September 14, 2015 and signed […]

CBN Releases Exposure Draft on Standard, Guidelines on E-Channels

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday unveiled the Exposure Draft on the Standard and Guidelines on electronic channels operations in Nigeria. This is contained in a circular by the apex bank with reference number BPS/DIR/GEN/CIR/02/009 dated September 9, 2015 and signed by Dipo Fatokun, director, […]

CBN Unveils Exposure Draft on Guidelines on Transaction Switch in Nigeria

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday unveiled the Exposure Draft on the Guidelines on Transaction Switching in Nigeria. This is contained in a circular by the apex bank with reference number BPS/DIR/GEN/CIR/02/008 dated September 9, 2015 and signed by Dipo Fatokun, director, banking and payments […]