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Chartered Institute of Bankers of Nigeria

A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS-Afolabi Sotunde

Economist: Nigeria’s petroleum subsidy removal will unlock country’s economic prospects

An economist, Mr Okechukwu Unegbu, says the Federal Government’s removal of petroleum subsidy will unlock the country’s economic prospect.
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Nigerian banks urged to address increasing numbers of customers visiting daily

Prof. Olayinka David-West of Information Systems/Academic Director, Lagos Business School, has urged banking institutions to embrace digital economy to address the increasing numbers of people visiting their branches daily.

CIBN postpones April ‘diet’ examinations to October

The Chartered Institute of Bankers of Nigeria (CIBN) says its April ‘Diet’ examinations, which was to take place from April 7 to April 9, 2020, will now hold alongside that of October.
High Chief Owolabi Salis, the 2019 governorship candidate of Alliance for Democracy, AD, in Lagos State, has given out money to 120 less-privileged people.

Former Lagos governorship candidate empowers 120 residents

High Chief Owolabi Salis, the 2019 governorship candidate of Alliance for Democracy, AD, in Lagos State, has given out money to 120 less-privileged people.

Coronavirus: Mixed reactions trail central bank’s policy measures

Mixed reactions have trailed policy measures announced by the Central Bank of Nigeria (CBN) to tackle the effect of COVID-19 on the nation’s economy.

CIBN tasks Lagos government on road repairs

The Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday, called on the Lagos State Government to repair all dilapidated roads in the state.

CIBN seeks creation of education development bank

The Chartered Institute of Bankers of Nigeria (CIBN) has reiterated its call for the creation and full implementation of Education Development Bank to facilitate the achievement of 21 per cent budget ratio for education prescribed by United Nations Development Programme (UNDP).

FirstBank appoints Ado Yakubu Wanka non-executive director

Speaking on his appointment, Dr. Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said, “We are delighted to welcome Alhaji Ado Yakubu Wanka, to the FirstBank Board. We are especially excited that he is bringing a combination of complementary skills and rich experience to the table which will no doubt enhance the quality of governance towards meeting our strategic goals.

Federal government urged to sensitise Nigerians on $29.96 billion foreign loan

Dr Uju Ogubunka, an economic expert has urged the Federal Government to educate Nigerians on the importance of the proposed 29.96 billion dollars foreign loan towards boosting the economy.

Nigeria named among highest new users of bitcoin

Nigerians usage of bitcoin has continued to rise despite warnings by the Central Bank of Nigeria that digital currencies are not legal tender.

Emeka Anyaoku, others canvass support for Nigeria’s border closure

Eminent Nigerians on Saturday canvassed support for President Muhammadu Buhari-led administration on the closure of Nigeria’s border aimed at boosting the nation’s economic growth.

Central bank sanctions four banks over delay in customers’ enquiries

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.

Ecobank Nigeria announces appointment of key officers

Ecobank Nigeria has announced the appointment of key Management Officers across various levels. Amongst those appointed are Kenneth Okere, who is now the Company Secretary & Chief Legal Counsel; Ibukunoluwa Oyedeji, Chief Financial Officer (CFO); Abiola Aderinola, Financial Controller; Adetokunbo Uko, Treasurer and Akintunde Dawodu, Chief Compliance Officer and Head, Compliance & Control.

CIBN: Debtors unwilling to repay loans sabotaging economy

The President and Chairman of Council, Chartered Institute of Bankers of Nigeria, Dr. Uche Olowu, has said the failure of perpetual borrowers to repay bank loans is hurting the nation’s economy.

Experts: Central bank deposit forfeiture order is legal

Contrary to insinuations in some quarters, the Central Bank of Nigeria (CBN) new policy regime mandating banks to go after customers who default on the repayment of their loans by seizing their deposits in other accounts is backed by law.

Ecobank chief asks bankers to reposition for challenges

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has called on bankers to reposition their skillsets and knowledge-scope in order to meet with the challenges of a fast-changing business environment and marketplace.

CIBN presents accreditation certificate to Ecobank academy

The Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria.

Data breach: CIBN asks bankers to protect customers

The Chartered Institute of Bankers of Nigeria has said it is critical for the banking community to display exemplary ethical conduct in the management of personal information.

Recent Stories

An Abuja High Court yesterday finally declined to join the names of President of the Nigeria Football Federation, Mr. Amaju Melvin Pinnick and the General Secretary, Dr. Mohammed Sanusi to a case of financial misappropriation brought before it by the Economic and Financial Crimes Commission, EFCC.

Amaju Pinnick: I’m not desperate for CAF presidency

President of the Nigeria Football Federation (NFF) Amaju Pinnick says he is not desperate to occupy the office of Confederation of African Footbal (CAF) president.
Super Eagles’ head coach Gernot Rohr has said winning the 2021 Africa Cup of Nations (AFCON) for Nigeria would make him the most excited person.

Super Eagles coach proud of latest FIFA ranking

Super Eagles coach Gernot Rohr says he’s happy with the improvement the team has made since his arrival.

Three feared dead as security men raid Rivers towns

Three persons were feared dead and many wounded when a patrol team of military and police officials raided communities in Andoni council area of Rivers State.
The latest development comes as Taiwanese President Tsai Ing-wen praised on Tuesday the heroic performance of air force pilots who have been intercepting the Chinese jets that have approached the island.

Taiwan tells China to ‘back off’ as airspace ‘incursions’ rise

Taiwan on Tuesday demanded that China "back off" and accused it of threatening peace, after recent incursions and a Beijing official openly rejecting a largely respected marine boundary.

41 Delta teachers demoted, barred from exams supervision over WASSCE malpractice

Sanctions have been visited on 41 teachers by Delta State government over examination malpractice perpetrated during the 2019 West African Senior School Certificate Examination, WASSCE.