24/2/2017/CBN Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday reintroduced charges on cash deposits and withdrawals, according to a circular sgined by Dipo Fatokun, director, Banking & Payments System. Department. According to the CBN, individual cash withdrawals or deposits less than N500,000 will attract no charges, however, cash withdrawals […]
Money Market
Barclays PLC and Barclays Africa Agree Separation Terms
23/2/2017/Barclays Barclays Africa Group today announced that it has agreed terms for operational separation with UK-based Barclays PLC, which is reducing its shareholding in Barclays Africa. The agreement is expected to unlock opportunities for Barclays Africa as an independent pan African bank. “It is a good outcome that enables us […]
AfDB to open field offices in Benin, Guinea and Niger
February 24, 2017/AfDB Benin, Guinea and Niger will benefit significantly from the development support provided by the African Development Bank Group (AfDB) following the Board’s approval to open offices in the three countries in order to strengthen its operational presence, visibility and address their needs effectively. In line with the […]
