September 18, 2019/FirstBank of Nigeria Nigeria’s premier and leading financial services provider, First Bank of Nigeria Limited, has announced its educational solution – FirstEdu – specifically designed to enhance the educational facilities in schools. The FirstEdu product includes FirstEdu loan and FirstEdu portal. FirstEdu loan is targeted at private Nursery […]
Money Market
CBN Reschedules MPC Meeting to 19th and 20th September 2019
September 18, 2019/CBN The CBN wishes to inform all its stakeholders and the general public that the Monetary Policy Committee (MPC) meeting No. 269, earlier scheduled for Monday, September 23 and Tuesday, September 24, 2019, will now hold on Thursday, September 19 and Friday, September 20, 2019. All inconveniences caused […]
CBN Approves Charges On Withdrawals And Deposits; Unbundles Charges on Electronic Merchants
Culled—Proshare September 18, 2019/CBN Effective today, bank customers will pay a huge fine for cash deposit or withdrawal above N500k for individuals or N3m for corporates. The CBN, in a circular to all deposit money bank (DMBs), announced the commencement of charges on deposits in addition to already existing charges […]
