Culled—Proshare July 8, 2017/CBN Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) on Friday, July 7, 2017, following bids received from forex dealers by the apex Bank. Information obtained from the CBN on Friday indicates […]
Money Market
The Family Savings Scheme – New Offering by Access Bank Plc
Culled—Proshare July 8, 2017/The Family Banking Team Access bank, in line with their culture of delivering superior value to consumers and stakeholders; and specifically to help young families secure their tomorrow, recently introduced the ‘Family Savings Scheme’ with the exciting ‘Family Fortune Promo.’ This is a product designed to […]
Banks lost N2.2bn to electronic fraud in 2016, CBN says
July 7, 2017/Daily Trust By Kayode Ekundayo The Central Bank of Nigeria (CBN) has said the Nigeria InterBank Settlement System (NIBSS) recorded over 1,200 per cent increase in reported fraud cases in 2016, estimated at N2.19 billion when compared to 2014 cases. According to ‘Dipo Fatokun, CBN’s Director, Banking and […]

