Banking articles

CBN raises hope of MPC meeting

CBN raises hope of MPC meeting

Central Bank of Nigeria (CBN) Governor Godwin Emefiele has raised the hope of a meeting of the Monetary Policy Committee (MPC) by the end of the month. His optimism is based on the decision of the Senate to confirm deputy governors-designate and MPC members-nominees next week. The all-important MPC, which moderates the monetary policy of

BREAKING: Finally, SEC ready to begin Oando audit

The Securities and Exchange Commission (SEC) says all is now set for the commencement of the long-awaited forensic audit of Oando PLC. The acting Director General of the Commission, Abdul Zubair , announced in Abuja on Tuesday that the two lawsuits filed by Oando PLC and some of it’s shareholders, which restrained the commencement of

FirstBank CEO, Adesola named African Banker of the Year

Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named the African Banker of the Year in the African Leadership Magazine Persons of the Year Award which took place in Johannesburg, South Africa on Saturday, February 24, 2018. He was also inducted into the African Leadership CEOs Hall

CBN wants Shell banks abolished in Nigeria

CBN wants Shell banks abolished in Nigeria Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve as institutions for money laundering. Shell banks are institutions that carry out activities where they are not licensed. The CBN Governor, Godwin Emefiele, made the request in Abuja on

GTBank Sponsors 2018 Lagos International Polo Tournament

Some of the most renowned indigenous and international polo teams are set to convene in Lagos, Nigeria to compete for highly coveted trophies in the 2018 Lagos Int’l Polo Tournament. Sponsored by leading African Financial Institution, Guaranty Trust Bank plc, the competition will see both Nigerian and foreign teams compete in four main cups, namely:

GTBank Launches The Dusty Manuscript Contest

Foremost African financial institution, Guaranty Trust Bank plc, has launched the Dusty Manuscript Contest to give budding writers the opportunity to win publishing deals for their finished, but yet-to-be published, manuscripts. Organized in partnership with publishing houses Okadabooks and Farafina, the contest is part of the Bank’s YouREAD initiative which is aimed at promoting the