March 5, 2018/CBN We hereby forward the Central Bank of Nigeria’s initial Guidance Note on the implementation of IFRS 9 (Financial Instruments) in the Other Financial Institutions (OFIs) sector. The guidance note communicates supervisory expectations for the implementation of new standard, especially in areas where OFIs are expected to exercise […]
Money Market
CBN Offers Single Interest Rate to Textile Manufacturers, Restricts FX for all forms of Textile Materials
March 5, 2019/CBN Opening pleasantries – Good morning distinguished ladies and gentlemen. I am pleased to be speaking to you today on reviving Nigeria’s textile sector, which is vital to our growth objectives as a nation, and to our efforts at creating jobs for Nigerians on mass scale across he […]
FirstBank Marches on, Brings the World to a Standstill
March 5, 2019/FirstBank Nigeria Nigeria’s Premier financial institution and iconic banking Brand, First Bank of Nigeria Limited had the world stand still on Friday, 1 March 2019, as it held its symbolic flag hoisting ceremony across Nigeria and other countries where it does business. The celebratory flag hoisting officially flags […]
