CIBN inaugurates Nasarawa branch
Chartered Institute of Bankers of Nigeria (CIBN) has inaugurated a new branch in Lafia, Nasarawa State. The branch which was officially launched by the President/Chairman of Council of the Institute,...
Category Archives: Banking
First Bank deploys 4,500 POS nationwide
Central Bank of Nigeria (CBN) cashless policy scheme has received a boost as First Bank Limited, subsidiary of FBN holding company Plc has deployed 4500 point of Sale (POS) terminals across the count...
FCMB donates N2bn pediatric centre to UI
First City Monument Bank (FCMB), has handed over N2 billion Paediatric center to the College of Medicine, University of Ibadan. The center was name Otunba Tunwase National Paediatrics Centre. Chairma...
CIBN explains microfinance bankers’ certification exercise
Chartered Institute of Bankers of Nigeria (CIBN) has said that the introduction of certification of microfinance bankers in the country will help to deepen knowledge and standardise skills in the str...
Union Bank assures investors on profit increase
Union Bank of Nigeria Plc has assured investors that following its return to profitability and with capital adequacy ratio currently at 20 per cent, the bank is set to increase yield on investment. G...
Banks urged to invest on capacity building
The nation’s banks have been urged to invest more in capacity building on risk management to enable the branch and service managers have wider knowledge in managing risks. Governor Central Bank of Ni...
20 coys raised N200bn from bonds market in 7yrs – DMO
The Debt Management Office (DMO) has said that between 2005 and 2012, 20 Nigerian companies raised about N200 billion from the domestic bonds market to fund the real sector. Director-General of DMO, ...
Aina lists challenges hindering growth of CIBN
President/Chairman of the Council of CIBN, Mr. Segun Aina has listed low level of banking education in Nigeria, lack of qualified professional bankers to impart knowledge, teaching and mentoring upco...
FG revenue declines to N2.4trn in Q1
Central Bank of Nigeria (CBN) has reported that federal government’s revenue has decline to N2.4 trillion in the first quarter of the year. The CBN economic report for the first quarter 2013 showed t...
FBN Capital launches PMI
FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings Plc has launched the first Nigeria manufacturing Purchasing Managers’ Index (PMI). The epoch making project...