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All posts tagged "bank of nigeria"

  • Oduah seeks $500m for national carrier, meets Sanusi

    In a desperate move to establish a national carrier for the country this year, the Minister of Aviation, Ms. Stella Oduah, and other officials from the aviation sector met with the Governor of the Central Bank of...

    • Posted July 5, 2013
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  • CBN moves against currency counterfeiting

    The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has said the bank will intensify its fight against currency counterfeiting because the malady, if not addressed, can undermine the integrity of the nation’s economy and...

    • Posted June 26, 2013
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  • Keystone Bank targets 15% loan book growth in 2013

    THE management of Keystone Bank Limited, at the weekend, projected a modest 15 per cent growth in loan book this financial year. The bank also intends to improve in other key financial indicators such as profit and...

    • Posted June 25, 2013
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  • Union Bank’s shareholders demand better performance

    Shareholders of Union Bank Plc have demanded improved performance from the board and staff of the bank, even as the board promised to address all the problems confronting the bank. At the 44thAnnual General Meeting of the...

    • Posted June 24, 2013
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  • CBN extends deadline on Know Your Customer

    Central Bank of Nigeria, CBN, yesterday, extended, by eight months, the deadline for banks and other financial institutions to comply with Know-Your-Customer, KYC, requirements. Meanwhile, value of shares listed on the Nigeria Stock Exchange, NSE, fell by...

    • Posted June 19, 2013
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  • External reserves stagnant at N48bn

    The external reserves have remained stagnant at N48bn for over three months, an investigation by our correspondent has shown. It was learnt on Friday that the swing in the external reserves was as a result of the...

    • Posted June 16, 2013
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  • Reps investigate illegal ATM deduction, as 1st quarter deduction hits over N8.6bn

    House of Representatives has concluded plans to investigate into various petitions bothering on wrongful withholding of customs monies through malfunctioning Automated Teller Machines (ATM). Central Bank of Nigeria (CBN) reportedly confirmed banks in Nigeria have defrauded unsuspecting...

    • Posted June 3, 2013
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  • FBN Holdings shareholders approve N32.63b dividend

    Directors of FBN Holdings, at its first annual general meeting on Friday in Lagos assured its shareholders of the company’s resolve to continue doing business in a manner that would translate into success and more dividend payout...

    • Posted June 3, 2013
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  • FG probes 21 banks over Federation Account remittances

    The Federal Government on Thursday empowered 53 consultants to verify remittances to the Federation Account by the 21 banks hired by the Federal Inland Revenue Service and the Nigeria Custom Service. The verification and reconciliation exercise will...

    • Posted May 31, 2013
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  • Inflation rose to 9.1% in April – NBS

    The rate of inflation in the country rose to 9.1 per cent in April from 8.6 per cent in March, according to the Consumer Price Index Report released by the National Bureau of Statistics on Thursday. The...

    • Posted May 17, 2013
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