August 29, 2020/Polaris Bank The Board of Polaris Bank Limited is pleased to announce that the Managing Director/CEO of Polaris Bank Limited, Mr. Tokunbo Abiru, will be proceeding on his retirement, having successfully completed his two terms of two years each, first as Group Managing Director/CEO, Skye Bank Plc and […]
Money Market
CBN Issues Revised Guidelines for the Licensing and Regulation of PSBs in Nigeria
August 29, 2020/CBN The Central Bank of Nigeria (CBN) via a circular referenced FPR/DIR/GEN/CIR/07/018 dated October 26, 2018, issued the Guidelines for the Licensing and Regulation of Payment Service Banks in Nigeria. Stakeholders are invited to note that the Guidelines have been reviewed and updated in response to market developments […]
Naira gains, exchanges for N470/$
August 29, 2020/Punch Nike Popoola The naira gained slightly on Friday, exchanging for N470/$ in the parallel market in the evening, after selling at N476/$ in the morning. This followed the Central Bank of Nigeria’s announcement on Thursday to resume forex sales to the Bureau De Change segment of the […]
