Money Market

CBN Reviews Tenure of Executive Management and Non-EDs of Banks

February 24, 2023/CBN The Central Bank of Nigeria (CBN) has revised the regulatory requirements for the tenure of Executive Management and Non-executive Directors of Deposit Money Banks and Financial Holding Companies in the Code of Corporate Governance for Banks and Discount Houses (Ref: FPR/DIR/CIR/GEN/01/004), as part of measures aimed at […]

CBN Sticks to Presidential Directive to Reissue only 200 Naira Old Banknotes

February 21, 2023/CBN The attention of the Central Bank of Nigeria has been drawn to a fake press release purported to have emanated from the Bank to the effect that President Muhammadu Buhari has approved the reissuance and release of old N500 and N1000 notes as legal tender in the […]

Four Millionaires Emerge From Ecobank Super Reward Campaign

February 21, 2023/Ecobank Nigeria Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated (ETI), has rewarded four customers, being winners in the Super Rewards deposit promo ,with N1 million each. The Super Rewards Campaign is a customer-focused initiative designed by Ecobank Nigeria to reward customers’ loyalty and consistent use of […]