September 6, 2019/FirstBank Nigeria Limited By EHIME ALEX As in many developing countries, cash has been the most prevalent mode of payment in Nigeria until 2012 when the Central Bank of Nigeria (CBN) introduced the cashless policy with the aim of promoting the use of electronic payment channels instead of […]

September 4, 2019/CBN We have noted the spate of requests from Development Finance Institutions (DFIs) for special Regulatory approvals to operate special purpose vehicles (SPVs) in furtherance of operational objectives. It is important that DFIs are transparent in their financial reporting and remain focused on their core objectives. In this […]

September 4, 2019/Fitch Ratings The European banking sector’s revenue outlook has weakened since the start of 2019, with accommodative monetary policy likely to continue squeezing banks’ margins, Fitch Ratings says in a new quarterly report. Banks’ revenue could face extra pressure as a result of the uncertain operating environment, notably […]