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As Western lenders retreat, African banks see an opportunity
Their pan-continental plans have not paid off. Yet 14/6/2018/The Economist ADE AYEYEMI’S office in Lomé, the capital of Togo, is a good place to think about crossing borders. Ghana is… Read more
Heritage Bank committed to innovative banking services
June 18, 2018/Heritage Bank Limited Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider; has said it is committed to innovative banking services through its transparent MasterCard. Head of Corporate… Read more
Ecobank Announces Retirement of Dolika Banda from its Board
12/6/2018/Ecobank Ecobank Transnational Incorporated, (ETI) (www.Ecobank.com), the Lomé, Togo -based parent company of the Ecobank Group, announces the departure of Ms Dolika Banda from its Board of directors. Ms. Dolika… Read more
Ecobank Shines At 2018 Digital Pay Expo; Wins Two Prestigious Awards
June 8, 2018/Ecobank Ecobank Nigeria has emerged winner in two award categories, ePayment and Partnership at the just concluded Digital Pay Expo in Lagos. Digital PayExpo is an event which… Read more
CBN Direct Banks to Update CRMS Not Later Than Eighth Day After Month End
June 7, 2018/CBN The CBN Circular Ref: FPR/DIR/GEN/CRM/06/012 (dated February 27 2017), on Regulatory Guidelines for the Redesigned Credit Risk Management System for Commercial, Merchant and Non-Interest Banks in Nigeria’… Read more
CBN Unveils Regulations for Transaction with Authorized Dealers in Renminbi
June 7, 2018/CBN Background and Introduction In line with the statutory mandate of the Central Bank of Nigeria (CBN) as set out in the Central Bank of Nigeria Act, 2007,… Read more
Ecobank showcases Bouquet of Digital Products at Pay Expo 2018
5/6/2018/Ecobank Nigeria Ecobank Nigeria, a member of the leading Pan African Banking Group, Ecobank Transnational Incorporated is showcasing a bouquet of Digital Products at the Digital Pay Expo 2018 that… Read more
FirstBank Partners WorldRemit on Digital Transfer to Nigeria
June 6, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-First Bank of Nigeria Limited and leading online international money transfer services firm, WorldRemit has partnered for instant money transfers directly to FirstBank accounts… Read more
Naira Appreciates 0.09% to N360.78 in Investors and Exporters Window
June 5, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Tuesday appreciated by 0.09 percent to N360.78 in the Investors and Exporters Window (IEW) and climbed up 0.28 percent to N362.78… Read more
Forex: CBN Okays Wider Margin for BDCs
…Offers $100m to wholesale segment; …Invisibles, SMEs windows get $55 m each Culled—Proshare 4/6/2018/CBN The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin… Read more
