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All posts tagged "bank of nigeria"

  • Nigeria loses $2.7bn to oil production decline

    Nigeria is estimated to have lost about $2.7 billion or N426 billion from decline in crude oil production in the last quarter of 2012 – October to December, even as it earned $16.075 billion or N2.54 trillion...

    • Posted February 26, 2013
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  • Bankers’ Committee to engage NCC on strengthening cash-less initiative

    THE current challenges facing the smooth operations of cash-less policy of the Central Bank of Nigeria (CBN) may have received the attention of the Bankers’ Committee, as plans have been concluded to engage the Nigerian Communications Commission...

    • Posted February 21, 2013
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  • First Bank introduces new product for MasterCard users

    First Bank of Nigeria Limited has introduced a new card product that gives customers the freedom to design their debit naira MasterCard with favourite pictures. The bank said during the First Bank Expression Cards Campus Storm at...

    • Posted February 15, 2013
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  • SEC appoints First Bank as lending agent for NSE’s transactions

    The  Securities and Exchange Commission (SEC) may have appointed First Bank of Nigeria as a Securities Lending Agent (SLA) for equities and bond transactions on the Nigerian Stock Exchange (NSE). With the appointment, First Bank has joined...

    • Posted February 12, 2013
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  • Banks, customers disagree on CBN’s bank account categorisation policy

    Bank customers have questioned the rationale behind the new policy of the Central Bank of Nigeria (CBN) on categorisation of bank accounts, saying it is counter-productive with respect to its cashless initiative. The CBN policy categorised bank...

    • Posted February 11, 2013
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