Money Market

CBN Unveils New Corporate Governance Guidelines to All Banks and Financial HoldCos

July 14, 2023/CBN The Central Bank of Nigeria (CBN), in exercise of powers conferred by the Central Bank of Nigeria (CBN) Act 2007 and the Banks and Other Financial Institutions Act 2020, hereby issues the Corporate Governance Guidelines for Commercial, Merchant, Non-Interest, and Payment Services Banks in Nigeria, and the […]

Access Bank completes acquisition of Angolan’s Finibanco

July 14, 2023/Punch By  Oluwakemi Abimbola Access Bank Plc, the flagship subsidiary of Access Holdings, has completed its acquisition of majority equity in Angolan entity, Finibanco Angola S.A. This was revealed in a notice filed on the Nigerian Exchange Limited on Thursday. Access Holdings had earlier announced the deal on […]

Send Money Across Africa in Seconds Using Ecobank Mobile and Omnilite Apps – Demola- Adeniyi

July 12, 2023/Ecobank Ecobank customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile and Omnilite apps and the recipient gets immediate credit in the target country’s local currency. Announcing this new development in Lagos, Head, Consumer Banking, Ecobank Nigeria, Korede Demola- Adeniyi, […]