Mon Jun 15, 2015/Reuters South Africa’s rand weakened against the dollar early on Monday as demand for riskier assets waned after the latest talks aimed at ending Greece’s debt crisis ended without a resolution. At 0615 GMT the rand was trading 0.46 percent weaker at 12.4350 to the dollar compared […]
Money Market
E-Payment: CBN Direct Banks to Establish Fraud Desk by July ‘01
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) last Friday directed Deposit Money Banks (DMBs) in Nigeria to establish and maintain dedicated fraud desks in order to check and reduce electronic payment fraud in the industry effective from July 1, 2015. The CBN in a circular with […]
Wema Bank Announces Retirement of Nurudeen Fagbenro as Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Friday Nurudeen Fagbenro has retired as executive director of the bank effective June 2015. According to the bank in an issuer’s announcement with the Nigerian Stock Exchange (NSE), Fagbenro has been on the board of the Bank since September […]
