23/7/2018/Fitch Ratings Fitch Ratings says in a new report that regulatory capital ratios for rated Nigerian banks are not under threat following the first-time application of IFRS 9 accounting standard. Nigerian banks have to reflect the full impact of additional expected loss reserves due under IFRS 9 in regulatory capital […]
Money Market
Forex: CBN Intervenes With $210m
Culled—Proshare August 7, 2018/CBN In another round of intervention, the Central Bank of Nigeria (CBN) has injected the sum of $210million into the inter-bank Foreign Exchange Market to ensure the availability of forex and also meet customers’ requests in various segments of the market. At the trading on Tuesday, August […]
Heritage Bank Achieves PCI DSS Version 3.2 Recertification
5/8/ 2018/Heritage Bank Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having achieved the International Organisation for Standardisation ISO 27001:2013 recertification recently. With its legacy of innovation, the recertification reaffirms the bank’s leading […]

