Money Market

CBN Bans Foreign Currency Deposit Into Domiciliary Accounts

August 5, 2015/ CBN The Central Bank of Nigeria has considered the recent statements by Deposit Money Banks (DMBs) concerning the large volume of foreign currencies in  their vaults and the decision to stop accepting foreign currency cash into customers’ domiciliary accounts as a welcome development. Therefore, in its continued […]

Diamond Bank Names Chiugo Ndubuisi Acting CFO

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Diamond Bank Plc said on Wednesday it has appointed Chiugo Ndubuisi as it acting chief financial officer (CFO), the lender said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). This is coming on the heels of the resignation of Abdulrahman Yinusa, Diamond […]

FirstBank Sponsors SME Radio Programme, The Economy & You!

August 4, 2015/First Bank of Nigeria Ltd True to its quest to deepen the SME space and make it accessible to more business start-ups, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has commenced the sponsorship of an SME Radio programme, The Economy & You! The programme, which […]