By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday released an Exposure Draft guideline on Securities Settlement in the Nigeria. According to Nigeria’s Central Bank, the Exposure Draft guideline is in exercise of the powers conferred on the Bank by Section 47 (2) of the CBN […]
Tag: CBN
Cash-less policy: Ecobank unveils mobile money product
Ecobank Nigeria Plc on Thursday unveiled a new product titled Ecobank Mobile Money in a bid to promote the cash-less policy. According to the bank, the product is specially designed to deepen financial inclusion for all classes of Nigerian citizens, especially those in the rural and semi-urban areas. The Managing […]
Court has vindicated Islamic bank opponents’
The Prelate, Methodist Church Nigeria, Dr. Ola Makinde, and Kwara State Chairman, Christian Association of Nigeria, Dr. James Foloranmi, on Wednesday said the verdict of an Abuja Federal High Court on Friday that the Governor of the Central Bank of Nigeria, Lamido Sanusi, had no powers to establish an Islamic […]
