August 4, 2017/Punch ’Femi Asu The banking industry recorded a decline of 48.12 per cent in the rate of successful fraud incidences, forgery and theft last year, compared to 2015, according to the Nigeria Deposit Insurance Corporation. The Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim, disclosed this while delivering a […]
Money Market
Nigeria Moves Closer to Single Naira Rate
2/8/2017/Bloomberg Paul Wallace and Emele Onu FMDQ asked banks to quote the naira off Nafex trades: Ecobank Naira’s quoted interbank rate weakens to same level as Nafex Nigeria took a step to unify its multiple exchange rates by allowing banks to use a currency window for investors when quoting the naira […]
Ecobank Excites Customers With “Double Your Target Saving” Promo
August 2, 2017/Ecobank Nigeria Ecobank Nigeria has unveiled a “Target Savings Promo”, giving customers the opportunity to win double their savings in the bank within a specified period. The promo tagged, Double Your Target Savings Promo is intended for customers who want to build up savings with the Bank to […]
