By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has issued a February 28 2013 deadline for all Mobile Money Operators (MMOs) to fully connect to the National Central Switch (NCS). This is contained in a Circular Number BPS/DIR/GEN/CIR/01/014 dated December 14 2012 and signed by Dipo Fatokun, […]
Tag: Central Bank of Nigeria
Shareholders Endorse New Commercial Banking Structure for UBA
Press Release Lagos Nigeria: December 13, 2012: Shareholders of United Bank for Africa (UBA) Plc have approved the internal restructuring and reorganisation of the capital of the Bank and its members in compliance with the Central Bank of Nigeria (CBN)’s Regulation on the Scope of Banking Activities and Ancillary Matters, which […]
How Stanbic IBTC, FBN HoldCo Listing Affect Investors
In line with the requirements of the Central Bank of Nigeria (CBN) that any commercial banking group that wishes to keep its non-banking subsidiaries should adopt holding company structure, the shares of First Bank of Nigeria Plc and Stanbic IBTC Bank Plc have been delisted from the Daily Official List […]
