September 7, 2021/Coronation Research In a recent press statement, the Central Bank of Nigeria (CBN) stated its plans to launch its Central Bank Digital Currency (CBDC) pilot scheme called the eNaira on 1 October 2021 with Bitt Inc, a financial technology company that utilises blockchain and distributed ledger technology to […]
Money Market
Ecobank Super Reward Scheme Is To Deepen Savings, Celebrate And Assist Customers’ Businesses – MD/CEO
September 5, 2021/Ecobank Nigeria Managing Director/Regional Executive, Ecobank Nigeria Ltd, Patrick Akinwuntan has said the bank initiated Super Reward Scheme to deepen savings amongst Nigerians, reward and assist customers’ businesses. The Managing Director who was speaking at the presentation of Super Reward grand prize of N1 million cheque to each […]
CBN Says Banks to Publish Details of Defaulters of the CBN Policy on Sale of Forex
September 3, 2021/CBN The CBN has received and noted with concern reports of sharp practices by some unscrupulous customers to circumvent the new CBN policy on the sale of forex for overseas personal and business travel. Some of these unwholesome practices include the use of fake visas and cancellation of […]
