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CBN Unveils New Corporate Governance Guidelines to All Banks and Financial HoldCos
The Central Bank of Nigeria (CBN), in exercise of powers conferred by the Central Bank of Nigeria (CBN) Act 2007 and the Banks...
PFAs Reduce Pension Funds Investment In Banks To N1.6tn
The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that were invested in fixed deposits and bank acceptance to N1.6tn...
CBN Directs Banks To Release New Naira Notes
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) in Zamfara, to release the new naira notes to Point of...
Banks Lending Rate To Customers Hits 29.13%
The maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was 4.13 per cent as of the...
Bancassurance: Insurance Firms Plans Partnership With Multiple Banks
L-R: Managing Director/ CEO Sunu Assurance PLC Samuel Ogbodu; member of the Publicity committee, Jide Orimolade; Director, Corporate Affairs and Market Development at NAICOM,...
Banks Refunded Over N95bn To Customers In 2021 – CBN
The Central Bank of Nigeria on Thursday said cumulative refund by banks to customers as at December ending 2021 stood at N95.2 billion....
Nigeria: National Collateral Registry urges banks to accept movable assets for loans
Nigeria’s National Collateral Registry (NCR), has appealed to banks in the country to accept movable assets as collateral to increase the quantum of...
