August 30, 2019/FirstBank of Nigeria By Okafor Endurance In its quest to deepen financial inclusion, FirstBank is channelling its resources to reach those at the bottom of the pyramid through its agency banking. The tie-one bank has over 31,000 agents spread across Nigeria with 9,000 assigned to provide financial services […]
Money Market
Ecobank Boss Urges Banks To Reposition For Relevance
August 29, 2019/Ecobank The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has called on bankers in the country to make deliberate efforts to reposition their skillsets and knowledge-scope in order to meet with the challenges of a fast-changing business environment and marketplace. Akinwuntan, who was the guest speaker at the 2019 […]
CBN Issues Revised Prudential Guidelines for Prudential Guidelines for Mortgage Refinance Companies
August 28, 2019/CBN The Central Bank of Nigeria (CBN}, in June 2010, issued the revised Prudential Guidelines to deposit money banks in Nigeria as part of its efforts at enhancing the quality of banks’ assets. The need for sector-specific Guidelines has become apparent given developments which had specific impact on […]
