11/10/2016/Punch There are some hazards in international banking. Getting answers to the following questions will show how sound or safe an international bank is. Is the bank in a country on the verge of economic collapse? Is the bank in a country notorious for its corruption? Is the bank known […]

11/10/2016/Punch Oyetunji Abioye The Central Bank of Nigeria on Wednesday raised concerns about what it called the indiscriminate and suspicious manner some bank customers were spending dollars and other foreign currencies abroad through their naira debit cards. Consequently, the regulator said it had through the Bankers’ Committee concluded that bank […]

October 12, 2016/Reuters Nigeria’s banks have very strong capital buffers to weather the country’s economic crisis, the central bank’s director of banking supervision said on Wednesday. Tokunbo Martins, speaking at a press conference after a meeting with the heads of the country’s banks, also said the supply of foreign exchange […]