Money Market | Bizness Watch | Page 37

Category: Money Market

First Bank Introduces Premium Banking Lounges

First Bank of Nigeria (FBN) Plc has introduced the FirstBank Premium Banking Lounges, a facility designed to provide comfort and convenience to its premium customers.

Euro jumps to 14-month high versus dollar

The euro rose to a 14-month high against the dollar on Tuesday, lifted by an improving outlook for the euro zone and expectations the Federal Reserve will maintain its...

Heritage Bank begins SGBN accounts validation exercise

Customers of former Societe Generale Bank Plc (SGBN) are set to heave a sigh of relief as it formerly begins a four-week validation exercise on Tuesday (tomorrow) under...

CBN sets new deposit limit for account holders

The Central Bank of Nigeria (CBN) yesterday set new deposit limits for all categories of account holders and introduced three-tier Know Your Customer (KYC) requirements...

Access Bank Appoints Ndukwe Independent Director

Access Bank Plc has announced the appointment of Dr. Ernest Ndukwe to its Board as a Non-Executive Director. The appointment has been ratified by the bank’s board of...

Societe Generale Bank Resumes Operations As Heritage Bank

Embattled Societe Generale Bank of Nigeria (SGBN) is set to resume operations under a new name, HeritageBank , following a regional banking licence granted by the...

GTBank halts electronic transfer services, as fraudsters breach its IT system

Some fraudsters have breached the information technology system of Guaranty Trust Bank (GTBank) PLC, forcing it to halt some electronic-based services.

ATM, PoS record high volume of transactions

The decision of the financial sector regulator to promote electronic payment option is yielding the expected dividends as milestones were recorded in the Automated...

CBN Withdraws Operating Licences of 236 BDCs

The Central Bank of Nigeria (CBN) Wednesday announced the revocation of the operating licences of 236 Bureaux de Change (BDC) operators. The apex bank stated this in a...

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