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Banking
ACAMB elects new executives, as Bolarinwa emerges president
The Association of Corporate Affairs Managers of Banks (ACAMB) - an umbrella association of communications and marketing professionals, working in Nigeria's banking sector - has elected new…
Sterling Bank partners LASG, FG on free Wi-Fi at airport
As part of its continued support of efforts to tame the spread of Covid-19 in the country, Sterling Bank Plc has collaborated with the Lagos State Port Health Authority and the Federal…
How Agarwal, Kulasingam made 14 fold gain backing Nigeria’s Kuda Bank
Investment banker Vishal Agarwal and corporate lawyer Raj Kulasingam who backed Kuda Bank with $600,000 and exited with a more than 14 fold gain in 20 months now want to emulate the success…
Standard Chartered predicts 10% naira decline in 2022
The Central Bank of Nigeria is seen devaluing the naira by as much as 10 percent in 2022, Abhilash Narayan, a senior Investment Strategist at Standard Chartered said.
“Clearly the FX…
Why tech, not branches, is king for Nigerian banks
The need to reduce operational costs, become more efficient, reach the unbanked and remove long queues are some of the reasons why digital financial technology will be king in Nigeria’s…
Adeyemo launches book on banking regulation in Africa
Folashade Adeyemo, the deputy director for admissions at the School of Law, University of Reading, has launched her much-anticipated book titled 'Banking Regulation in Africa: The Case of…
X-raying the benefits of e-Form ‘A’ in FX transaction
The Central Bank of Nigeria (CBN) in November 2021 informed all authorized dealers and the general public of the deployment of e-Form 'A'.
Form ‘A’, according to GTCO, is an application…
Africa expects robust trading as 12 banks sign to new payment system
Nigeria and other African countries expect to see robust trading, low-cost and seamless transactions under the AfCFTA as 12 banks and four switching companies have been onboarded into the…
Emefiele to drive financial firms’ adoption of new payment system
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) on Thursday said he will ensure that all financial institutions in Nigeria embrace the newly launched Pan-African Payment and…