Money Market

Heritage Bank Names Adewunmi Ogunsanya Non-Executive Director

August 29, 2016/Heritage Bank Ltd Heritage Bank Plc, one of the fastest growing financial institution in Nigeria, has announced the appointment of Mr. Adewunmi Ogunsanya as a Non Executive Director. This move is consistent with Heritage Bank’s corporate governance, efficiency, and sustainability outlook, enabling the bank to take advantage of […]

CBN Says Banks Violating International Money Transfer Laws as Naira Continues to Slide in Parallel Market

August 27, 2016/The Will The Central Bank of Nigeria (CBN) says commercial banks are circumventing its international money transfer rules by criminally opening multiple company and personal accounts where they receive inflows for onward disbursements to recipients in Nigeria. In a circular to banks titled: Illicit International Money Remittances Through […]

FirstBank Partners Nigerian-British Chamber of Commerce to Drive MSME Growth

August 26, 2016/First Bank of Nigeria Ltd Nigeria’s premier financial Institution and most valuable bank brand, First Bank of Nigeria Limited has partnered the Nigerian-British Chamber of Commerce (NBCC) to jointly host a Micro, Small & Medium Size Enterprises (MSME) workshop with the theme: Fundamentals of Building a Sustainable Business. […]