January 17, 2023/CBN The Central Bank of Nigeria (Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing of Weapons of Mass Destruction in Financial Institutions) Regulation 2022 requires financial institutions to understand the structure of legal persons and legal arrangements and undertake customer due diligence to mitigate the […]
Money Market
Access Holdings Says Acquisition of Kenyan-Based Sidian Bank Incomplete
January 16, 2023/NGX Access Holdings Plc trading as Access Corporation on June 8, 2022, announced that its flagship subsidiary, Access Bank Plc (‘the Bank’) has entered into a binding agreement with Kenyan-based Centum Investment Plc for the acquisition of the entire 83.4% shareholding held by Centum in Sidian Bank Ltd […]
Heritage Bank emerges 1st Institution to win CBN’s Best Supporting Bank with ABP Information
January 15, 2023/Heritage Bank Plc Heritage Bank Plc, one of Nigeria’s most innovative service providers, has emerged as the first financial institution in Nigeria to win the “Best Supporting Bank with Central Bank of Nigeria’s Information on Anchor Borrowers’ Programme (ABP).” The apex bank recently awarded Heritage Bank at the […]
