June 7, 2018/CBN The CBN Circular Ref: FPR/DIR/GEN/CRM/06/012 (dated February 27 2017), on Regulatory Guidelines for the Redesigned Credit Risk Management System for Commercial, Merchant and Non-Interest Banks in Nigeria’ (the CRMS Regulatory Guidelines), refers. Section 6.2 of the aforementioned circular requires the Chief Financial Officer to ensure that total […]
Money Market
CBN Unveils Regulations for Transaction with Authorized Dealers in Renminbi
June 7, 2018/CBN Background and Introduction In line with the statutory mandate of the Central Bank of Nigeria (CBN) as set out in the Central Bank of Nigeria Act, 2007, the CBN and The People’s Bank of China (PBoC) executed the PBoC-CBN Bilateral Currency Swap Agreement (BCSA). The swap agreement […]
Ecobank showcases Bouquet of Digital Products at Pay Expo 2018
5/6/2018/Ecobank Nigeria Ecobank Nigeria, a member of the leading Pan African Banking Group, Ecobank Transnational Incorporated is showcasing a bouquet of Digital Products at the Digital Pay Expo 2018 that opened today in Lagos. Products on display by Ecobank include the Ecobank Mobile App which enables customers instantly open Ecobank […]
