In Your Interest
March 28, 2018/Punch The United Bank for Africa on Tuesday announced that its London subsidiary had obtained regulatory approval to carry out wholesale banking activities in the United Kingdom. Following this authorisation, UBA is now the only sub-Saharan African bank to conduct banking activities in New York and London, as […]
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN), Nigerian Banks, Mobile Money Operators, and Super Agents said on Tuesday they are set to roll-out a 500,000 Shared Agent Network to deepen financial inclusion and create jobs in Nigeria within two years. Herbert Wigwe, chairman of the body […]
March 27, 2018/CBN Developments in the Nigerian banking industry have necessitated the need for the licensing of Private Asset Management Companies (PAMCs) to play complementary roles in the management of non-performing assets of the industry. We forward herewith, an Exposure Draft of the Framework for Licensing, Regulation and Supervision of […]