The Nigeria Deposit Insurance Corporation (NDIC) says it has a culture of zero tolerance for corruption, which is further strengthened by its core values of Teamwork, Respect and Fairness, Integrity, Professionalism, and Passion. Managing Director of the Corporation Mr Bello
The Aliko Dangote Foundation has facilitated the distribution of thousands of bags of rice to beneficiaries and vulnerable Nigerians in the Federal Capital Territory, Abuja, with no fewer than 48 charity organizations and orphanages involved in the process. Anthony Chiejina,
The Central Bank of Nigeria (CBN) has again offered for sale $10,000 to BDCs at N1101/$1. CBN in a letter to the President Association of Bureaux De Change Operators of Nigeria (ABCON) said that BDCs are in turn to sell
The Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of all Central Bank of Nigeria (CBN)-Licensed Bureaux De Change (BDCs) in Nigeria has appealed to the Apex Bank to adjust and lower its applicable Exchange Rate
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has welcomed the release of the much-anticipated circular of the Central Bank of Nigeria (CBN) on the banking sector recapitalization and believes that while Nigerian banks are globally regarded
The central Bank of Nigeria CBN will this week sell $10,000 each to eligible Bureau De Change Operators at the rate of N1,251/$1. The BDCs are to sell to eligible end users at a spread of not more than 1.5
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the CBN Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion in claims. This
The Development Bank of Nigeria (DBN) has said that its disbursement to Small and Medium Enterprises (SMEs) has hit N700 billion in the last seven (7) years. The Managing Director of DBN, Mr Tony Okpanachi made the disclose this Friday during
By Ekerete Ola Gam-Ikon Stop and reflect for a moment about the people, things and places that inspire and motivate you, and you’ll find a common denominator with them: They all have had the “Insurance Advantage”. The “Insurance Advantage” is
The African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 billion has been made and a second tranche of US$1.05
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