Home » Archives by category » Banks Management (Page 2)

GT Bank Manager Denies In Court

GT Bank Manager Denies In Court

  Nwachukwu Amazu, head of the fund transfer unit of Guaranty Trust Bank (GT.BANK), on Wednesday denied knowledge of the documents his bank sent to the Economic and Financial Crimes Commission (EFCC) on Senate President Bukola Saraki. ‎Nwachukwu, who is the second prosecution witness in the trial of Saraki at the Code of Conduct Tribunal […]

Equity Market Sheds – N33bn 23 Stock Loss

Equity Market Sheds – N33bn 23 Stock Loss

  The Nigerian equities market, on Tuesday, depreciated by N33bn as 33 stocks recorded losses at the close of trading. The Nigerian Stock Exchange market capitalization dropped to N9.041tn from N9.074tn, while the All-Share Index closed at 26,278.20 basis points from 26,373.83 basis points. A total of 371.867 million shares worth N1.714bn exchanged hands in […]

Bitcoin and Central Bank Of Nigeria

Bitcoin and Central Bank Of Nigeria

The Central Bank of Nigeria (CBN) has barred deposit money banks and all other financial institutions from the operation of any form of virtual currency. The warning by the apex bank yesterday was contained in a circular by the CBN Director of Financial Policy and Regulation Department, Mr. Kevin Amugo, Virtual currencies (VCs) such as […]

Primary Mortgage Banks In Trouble

Primary Mortgage Banks In Trouble

  Crisis come into view in indistinct and enlarged form in the nation’s financial system as lack of funds hits the Primary Mortgage Banking (PMB) segment, It was learnt that the situation which has become critical for one of the mortgage banks, as it no longer honours depositors’ claims, may soon result in its collapse and […]

Organogram Of The Central Bank Of Nigeria (CBN)

Organogram Of The Central Bank Of Nigeria (CBN)

List Of CBN Governors And Dates

List Of CBN Governors And Dates

List of Governors of the Central Bank since independence: Governor Previous position Term start Term end (Late)Roy Pentelow Fenton 24 July 1958 24 July 1963 (Late)Alhaji Aliyu Mai-Bornu Deputy Governor, CBN 25 July 1963 22 June 1967 (Late)Dr. Clement Nyong Isong Advisor International Monetary Fund 15 August 1967 22 September 1975 Mallam Adamu Ciroma 24 […]

CBN Assigned Over N1trn To Fund Real Sector

CBN Assigned Over N1trn To Fund Real Sector

The Central Bank of Nigeria (CBN), has set aside over N1 trillion to promote lending to the real sector of the economy with a view to stimulating economic activities in the country. The Governor of the CBN, Mr. Godwin Emefiele, disclosed this at the 21st Seminar for Finance Correspondents and Business Editors in Ibadan, Oyo […]

The Development Bank Of Nigeria (DBN) Thinks Of New Development

The Development Bank of Nigeria (DBN) would be taking off July 1, 2016. This is a most welcome development in our polity. It indicates the willingness of the federal government to forge ahead with policies and programmes that are geared towards impacting meaningfully on the life of the people even if those programmes were not […]

FCMB Upgrades Service Delivery With New Software

FCMB Upgrades Service Delivery With New Software

The First City Monument Bank (FCMB) Limited has upgraded its service delivery platform by deploying the Finacle Core Banking solution version 10 to enhance world-class service excellence and customer experience. In a statement, the bank said that the new generation banking platform will also accelerate innovation and support its business growth in the rapidly changing […]

Islamic Development Bank (IDB) Agrees To Support Northern Nigeria

Islamic Development Bank (IDB) Agrees To Support Northern Nigeria

The Islamic Development Bank, IDB, will work with Nigerian officials to develop a comprehensive plan for the reconstruction of Northern Nigeria, the Bank’s President, Ahmad Ali, has said. Mr. Ali stated this in Jeddah, the headquarters of IDB, on Sunday, when he received a high level delegation of 5 governors from the Northern Nigerian States […]

Contact Us