Respite is underway for the banking public as the Central Bank of Nigeria (CBN) will soon review upwards the current N500,000 and N5 million transaction withdrawal limits for individuals and corporate bodies respectively. The apex bank is also harping on the need for more Nigerians to embrace banking culture and […]
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SEC to develop CIS market
The Securities and Exchange Commission has announced plans to develop the Collective Investment Scheme sector of the Nigerian capital market. The apex capital market regulator is taking the step against the backdrop of the fact that the CIS sector remains a thriving sector in major countries. SEC said it had, […]
Sanusi proposes new banking model for infrastructure financing
The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday proposed a new banking model that would enable the country to address its infrastructure deficit. Specifically, Sanusi, in a keynote address delivered at the third Public Private Partnership stakeholders forum in Abuja called for the creation of […]
