Money Market

CBN Says Authorised Dealers to Process Form NXP in 48 Hours

April 20, 2017/CBN The Federal Government of Nigeria in its effort to create an enabling environment for doing business in Nigeria has approved the reduction of documentation requirement and timeline for Import and Export trade transactions in the country. Consequently, the revised documentation requirement for Import and Export and timeline […]

Convenience is the key word with FirstBank’s FirstMobile

April 20, 2017/First Bank of Nigeria Ltd In today’s world of technology and speed, convenience is the name of the game and this is so true for the 21st century financial institutions, as they are constantly challenged to provide customers with convenience, relevance, and ease of transactions. As financial institutions […]

Ecobank Group Sustains Resilience in 2016, Makes Full Loans Provision, Assures Shareholders of Robust Future Earnings

April 19, 2017/ETI Ecobank Transnational Incorporate (ETI) has taken a decision to completely clean its books of non-performing risk assets in its  legacy loan portfolio, and has made  a provision of N221.7 billion in its 2016 audited accounts.  The impairment charges, showed a jump of 110.7 per cent compared with […]