July 22, 2024/JSP Communications For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally […]
Money Market
CBN Release Guidelines on Management of Dormant Accounts, Unclaimed Balances and Other Assests
July 19, 2024 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday updated guidelines for managing dormant accounts, unclaimed balances, and other financial assets in banks and financial institutions following a review of the guidelines issued in October 2015. The CBN in a statement signed by John Onoja, […]
CBN Announces Sale of FX to BDCs to Meet Market Demand
July 18, 2024/CBN “Following the ongoing reforms in the Foreign Exchange Market. With the objective of achieving an appropriate market-determined exchange rate for the Naira, the Central Bank of Nigeria (CBN) has observed the continued distortions in the retail end of the market, which is feeding into the parallel market […]
