24/4/2017/CBN The absence of a unique identifier in the Nigerian banking industry has been a major challenge inhibiting the effectiveness of the Know Your Customer (KYC) principle. To address this challenge and complement the existing means of identification of customers, which include: the Driver’s License; the International Passport; the National […]
Money Market
CBN Injects $246.2m for Wholesale, SMEs, Invisibles
Culled–Proshare 24/4/2017/CBN The Central Bank of Nigeria (CBN) on Monday, April 24, 2017, offered the sum of $246.2 million to authorized dealers at the forex auction in the interbank wholesale window, Small and Medium Enterprises (SMEs) and invisibles segments. A breakdown of the total offer indicates that the sum of […]
FirstBank Stimulates Economic Diversification through support for the Nigerian Creative Industry
April 24, 2017/First Bank of Nigeria Ltd First Bank of Nigeria Limited under the auspices of its First@arts initiative has thrown its weight behind the Nigeria Entertainment Conference 2017, as part of its support for the Creative Arts industry as well as home-grown human capacity development across several arts platforms. […]
