December 3, 2018/NBS A total volume of 5,294,871,285 transactions valued at N340.15trn were recorded in Q3 2018 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 220,270,371 volume of ATM transactions valued at N1,593bln were recorded […]
Money Market
CBN Approves Diamond Bank to Operate as a National Bank
December 1, 2018/NSE Diamond Bank wishes to notify the Nigerian Stock Exchange (‘NSE’) and the General Public that Diamond Bank Plc (“The Bank”) has received the approval of the Central Bank of Nigeria (“CBN”) to its application to operate as a National Bank (subject to conclusion of sale of Diamond […]
CBN Introduces Special Intervention Day for FOREX Sales to BDCs WEF Dec 6, 2018
November 30, 2018/CBN This is to inform Bureau De Change (BDC) Operators and the general public that with the approach of the yuletide season and the resultant increase in the demand for Personal/Business Travel Allowance, the CBN has in addition to the existing market days (Monday, Wednesday and Friday) introduced […]
