Money Market

Heritage Bank partners NEFF on prevention of e-fraud

July 2, 2018/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking services provider, has partnered with the Nigeria Electronic Fraud Forum (NEFF) on the prevention of fraud in the Nigerian banking system. MD/CEO of the bank, Mr. Ifie Sekibo said at unveiling of the 2017 NEFF annual report in […]

FOREX: CBN Boosts Retail Segment With $318.73m

Culled—Proshare June 30, 2018/CBN  Customers in the retail segment of the Nigerian inter-bank foreign exchange market received a $318.73m boost from the Central Bank of Nigeria (CBN) on Friday, June 29, 2018.   Information obtained from the CBN on Friday indicates that the deals in the retail window represent requests from […]

CBN directs banks to resolve USSD disputes in three days

June 30, 2018/FICAN The Central Bank of Nigeria (CBN) yesterday directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days. Speaking at the ‘Meet The Executive’ forum organised by Finance Correspondents Association of Nigeria (FICAN) in Lagos, CBN Director, Banking […]