Tag: InvestAdvocate

Banks Refund over N6.2 Billion Illegal Charges in 2015-CBN

—-Urges Customers to Report Rogue Banks By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday disclosed that Deposit Money Banks (DMBs) in Nigeria have been compelled to refund the sum of over N6.2 billion to affected customers on illegal charges in 2015 alone. The CBN said this is […]

CBN Says School Fees, Medicals Remain Eligible for FOREX Allocation

February 19, 2016/CBN Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) wishes to clarify to the general public that it has NOT stopped the allocation and sale of Foreign Exchange for purposes of paying school fees and settlement of medical bills overseas.The Bank therefore urges members of the public to disregard […]

Agustin Carstens, Governor Banco de Mexico Congratulates Christine Lagarde on Her Reappointment

February 19, 2016/IMF Mr. Agustín Carstens, Governor of Banco de Mexico and Chairman of the International Monetary and Financial Committee (IMFC) made the following statement today: “I would like to congratulate Ms. Christine Lagarde for her reappointment to a second five-year term as Managing Director of the International Monetary Fund. […]