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CBN interventions save N1.3tn annual import bill and other banking news

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CBN: Sectoral Interventions Save Nigeria N1.3tn Annual Import Bill

The Central Bank of Nigeria (CBN) has said its interventions in key sectors of the economy through its development finance role have saved the country a total of N1.3 trillion annually..Thisday

Women entrepreneurs fault stamp duty charges on POS transactions, seek review

The Women’s Research and Documentation Centre (WORDOC), Institute of African Studies, University of Ibadan and some women entrepreneurs have faulted Guardian

CBN’s Anchor Borrowers’ Programme supports 1.5m farmers in 4yrs

The Central Bank of Nigeria (CBN) on Tuesday said the Anchor Borrowers’ Programme has supported more than 1.5 million farmers across the 36 states of Nigeria in … Business Day

Verve expands services to Dubai for seamless payment

Payments technology and card business in Africa, Verve, has extended their services to United Arab Emirates, UAE. According to the company, its Verve Global … Vanguard

‘Nigeria, others can stop $35b yearly food import with better land governance’

Stakeholders attending this year’s conference on Land Policy in Africa have called for fair and efficient land management to support moves to transform the continent …Guardian

Fed Govt opens application for new savings bonds

THE Federal Government has opened application list for two new sovereign savings bonds, the last set of savings bonds to be issued this year. The Debt Management Office … The Nation

Access Bank donates interrogation, observation room to Nigerian Police

As part of efforts to ensure security in the country, Access Bank on Tuesday commissioned an interrogation room donated to the Nigerian Police Force (NPF) at Alagbon ..Business Hallmark

2019 Nigeria Bankers Games: Fidelity Bank wins fourth football title

The 2019 edition of the Nigeria Bankers Games came to a climax at the weekend, at the YabaTech Sports Complex, Yaba. The closing ceremony, which was quite …Daily Sun

Sterling Bank wins Local Content Bank of the Year Award

Sterling Bank Plc has won the Local Content Bank of the Year 2019 Award of the Petroleum Technology Association of Nigeria (PETAN) in recognition of its … New Telegraph

Polaris Bank launches target loans for health SMEs

Polaris Bank has announced the introduction of a new loan bundle to support the growth of small and medium enterprises (SMEs) in the Nigerian health sector … The Nation

First Bank, NGOs collaborate to provide free eye glasses to widows

To facilitate the increased empowerment of women, First Bank Nigeria has collaborated with the International Women’s Society (IWS) and Vision Spring to … PM News

Nigeria’s 2nd non-interest bank, TAJBank, commences operations

TAJBank, Nigeria’s second non-interest financial institution, has commenced business from its Abuja head office. Speaking at the opening ceremony the Chairman …Vanguard

Zenith Bank proud of Delta Principals’ Cup impact

SPONSORS of the just-concluded Delta State Principals’ Cup football competition, Zenith Bank Plc, has expressed delight over the overall assessment of the 4th … The Nation

Access Bank excites customers with yuletide rewards

ACCESS Bank Plc has unveiled series of exciting rewards for its customers to celebrate the yuletide season. The campaign tagged ‘More Xtravaganza’, will run from November … The Nation

Equities continue decline with N23b loss

NIGERIAN equities continued on the decline on Tuesday as widespread selloffs across the sectors shaved off N23 billion from stocks’ market values. With decliners … The Nation

Court declines to discharge Ecobank staff of N1m theft charge

A Lagos Magistrate Court sitting in Ebute- Metta, on Tuesday declined to discharge a staff of Ecobank Plc, Oniegho-Areh Thompson, who is standing trial for alleged … Vanguard

US court orders Deutsche Bank surrender Trump’s accounts

A US Federal Appeal court ordered Deutsche Bank and Capital One to comply with a US House subpoena seeking a broad range of financial documents related to … PM News

FirstBank Plans To Retrench 1000 Workers – NLC

Comrade Ayuba Wabba,President of Nigerian Labour Congress(NLC),has raised alarm over plans by the management of First Bank of Nigeria Plc to retrench …Daily Independent

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Ex- Gov Orji Kalu bags 12 years for N7.65bn fraud. 'Don't handcuff me', he begs.

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Banking News

CBN gives reasons for adopting unconventional monetary policy and other banking news

by Nigerianbanker
December 9, 2019
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CBN gives reason for adopting unconventional monetary policy THE Central Bank of Nigeria (CBN), has revealed that the adoption of...

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CBN gives reasons for adopting unconventional monetary policy and other banking news

December 9, 2019

FirstBank sponsored 2019 National Company of The Year Competition winner, to contest in Africa competition

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Nigerian Stock Market loast N71bn WoW

Nigerian Stock Market lost N71bn, Banking Index declined by 1.16% WoW.

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AfCFTA we wont allow our economy to be undermined

We won’t allow smuggling, predatory economic practices to …- Adebayo

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BVN should be adequate for micro credits

Banks should consider BVN adequate for Micro Credits – SMEDAN

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Ex- Gov Orji Kalu bags 12 years for N7.65bn fraud. ‘Don’t handcuff me’, he begs.

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Nigerian Banker | Expanding your knowledge about Banking and the Economy

nigerianbanker.com is an online ONLY magazine that publishes daily banking news, banking information and reviews from Nigeria.

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