31/10/2017/Reuters Chijioke Ohuocha Nigeria’s Access Bank plans to pursue organic growth in Ghana rather than mergers or acquisitions after the central bank raised the minimum capital requirement for lenders in the West African country, its group chief executive said on Tuesday. Ghana’s central bank in September raised the minimum capital […]
Money Market
CBN Pumps Another $195m into Forex Market
Culled—Proshare November 1, 2017/CBN The Central Bank of Nigeria (CBN), on Tuesday, October 31, 2017, injected another $195 million into the inter-bank Foreign Exchange market. The apex Bank offered the sum of $100 million to the wholesale window and intervened in the Small and Medium Enterprises (SMEs) segment with $50 […]
FirstBank Leads Payment Cards Issuance with 10 Million Cards
October 31, 2017/First Bank of Nigeria The premier financial institution and Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has been named the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million cards to customers across the country. This makes FirstBank the second bank […]
