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Naira May Hit 500 Per Dollar – Obiano

Naira May Hit 500 Per Dollar – Obiano

The Anambra State Governor, Chief Willie Obiano, has said that the naira will continue to fall against the dollar till it reach N500 to the greenback. Obiano said this during the commencement of the Anambra State Fire and Safety Summit in Awka on Wednesday. The governor, who expressed fear that the dollar would continue to […]

How To Buy Recharge Card For Your Phone Using Your Bank Account

How To Buy Recharge Card For Your Phone Using Your Bank Account

How to buy airtime (credit) from your Access bank account, dial *901*amount#. Ussd code: To recharge N50, dial *901*100#. The minimum amount you can recharge is N50 while the maximum is N5,000. How to buy airtime (credit) from Ecobank bank, dial *326*amount#. Ussd code: To recharge #200, dial *326*200# How to buy airtime (credit) from […]

List Of 9 Nigerian Banks Banned from All Forex Transactions

List Of 9 Nigerian Banks Banned from All Forex Transactions

According to the press release by the apex bank – Central Bank Of Nigeria ( CBN ), Determined not to tolerate any further breach of extant financial regulations, the Central Bank of Nigeria (CBN) has barred nine banks from all foreign exchange transactions. The banks, THISDAY exclusively gathered this afternoon, were barred for failing to […]

Banks To Sell Dollars @ N197, To 2016 Hajj Pilgrims

Banks To Sell Dollars @ N197,  To 2016 Hajj Pilgrims

As the rates increase Hajj pilgrims are stranded as they can not afford naira at the current parallel market rate of N400 to $1 The Central Bank of Nigeria, CBN, on Thursday therefore, directed banks and authorised forex dealers to sell the Pilgrims Travelling Allowance, PTA, to intending pilgrims at a concessionary exchange rate of […]

Brexit To Boost Nigeria’s Foreign Exchange Policy – CBN

Brexit To Boost Nigeria’s Foreign Exchange Policy – CBN

The Central Bank of Nigeria (CBN) said that the decision of the British people to leave the European Union (EU) will boost Nigeria’s foreign exchange policy. Commenting on the outcome of the British referendum on Friday, CBN Deputy Governor, Economic Policy, Dr. Sarah Alade told Reuters that the bank expected Britain’s vote to exit the […]

Nigeria Banks Lost Over N18 billion To Fraud in 2015

Nigeria Banks Lost Over N18 billion To Fraud in 2015

The Nigeria Deposit Insurance Corporation (NDIC), on Tuesday said fraud cases within the banking industry contracts stood at 12,279 in 2015 The corporation said, in a statement released on Tuesday in Lagos by its Public Affairs Unit, that the figure represented an increase of 15.71 per cent over the 10,612 cases reported in 2014. It […]

Vaccancy At Standard Chartered Bank

Vaccancy At Standard Chartered Bank

Job Description Standard Chartered Bank Nigeria – We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group’s people strategy is our focus on employee engagement. Engagement is […]

Central Bank Sells Dollars For Fourth Day

Central Bank Sells Dollars For Fourth Day

Nigeria’s central bank is selling dollars on the interbank market for the fourth day to ease dollar shortages after it floated the currency, traders said. The naira traded at 283 to the dollar at 1249 GMT, on volumes of $76.8 million, which traders attributed to the central bank intervention. The interbank market opened at 0800 […]

Job Oppening At The African Development Bank

Job Oppening At The African Development Bank

The African Development Bank (the Bank) is the premier pan-African development institution, promoting economic growth and social progress across the continent. The Bank’s development agenda is delivering the financial and technical support for transformative interventions that will significantly reduce poverty, through inclusive and sustainable economic growth. It is Africa’s voice on global economic, financial and […]

Zenith Bank Suspend International Transaction On Naira Card

Zenith Bank Suspend International Transaction On Naira Card

Zenith Bank Have suspended transaction on its naira cards abroad till further notice.        

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