September 30, 2019/CBN Further to the provisions of Regulation 11 of the CBN AML/CFT Regulations, 2013 and our previous Circulars on targeted financial sanctions, we write to remind all financial institutions on the need to increase surveillance and report all transactions involving persons and entities designated under the United Nations […]
Money Market
Nigerian Banking Sector Update: Resilience Will Be Tested as Risks Rise
September 30, 2019/Cordros Report In this report, we discuss the outlook for the banking sector, specifically discussing commercial banks. Sector Growth Remained Resilient Through Tumultuous Periods Resilience has become the foreword for the industry since the banking crisis of 2008/2009, as industry players shrugged off the recession in 2016/2017 […]
FirstBank Tragets 500,000 Agents to Boost Financial Inclusion
September 27, 2019/FirstBank of Nigeria With a view to enhance financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to get up to 500,000 operators on board its agent banking platform. This was disclosed at the opening ceremony of the 12th Annual Conference of the […]
