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CBN disburses N60bn from N220bn MSME fund

The Central Bank of Nigeria said on Tuesday that it had disbursed the sum of N60bn from the N220bn Micro, Small and Medium Enterprises Development Fund. The Special Adviser to the CBN Governor on Development Finance, Mr. Paul Eluhaiwe, gave the figure during the commencement of the disbursement of the […]

CBN Unveils Guidelines for International Money transfer Operators

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday announced it has released guidelines for the operations of inbound and outbound international money transfer services in the Nigeria. This is contained in a circular with reference number TED/FEM/FPC/GEN/01/016 dated September 16 and signed by I.O. Gbadamosi, […]

FCMB Group Names Martin Dirks Director

By InvestAdvocate Lagos (INVESTADVOCATE)-FCMB Group Plc on Friday said it has appointed Martin Dirks as a non-executive director of the Group, the lender said in a statement to the Nigerian Stock Exchange (NSE). According to the FCMB Group, Dirks holds over 25 years of seniour management experience in demanding international […]