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Chartered Institute of Bankers of Nigeria

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.

Labour dialogues with Ecobank over contract workers

Members of the organized labour under the aegis of the Nigeria Labour Congress (NLC) have entered into dialogue with Ecobank over the Bank’s non-renewal of the contract of its third party recruitment agencies.

Ecobank denies sack of full-time workers

Ecobank Nigeria says it has not sacked members of its fully employed workers as reported by some dailies.

Ecobank denies sacking bonafide workers

Ecobank Nigeria says it has not sacked some of its real workers as reported by some dailes.

Central bank urges Nigerians, youths to become financially literate

The Central Bank of Nigeria (CBN) has urged Nigerians and youths to be financially literate in order to exploit all available financial products and services.
Ibrahim Magu

Ibrahim Magu expresses worry over spate of digital currency crimes

Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has described as worrisome the surge in the digital currency-related crimes in the country.

Godwin Emefiele: Oil discovery exposed Nigeria’s economy to vulnerability

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said the discovery of crude oil and the country’s increasing reliance on crude oil revenues have led to a severe downturn in the agriculture and manufacturing sectors.

Godwin Emefiele’s commitment to MSMEs lauded

The Chairman of Abuja Chapter of Chartered Institute of Bankers of Nigeria (CIBN), Prof. Uche Uwaleke, has commended the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, for his commitment to funding Micro, Small and Medium Enterprises (MSMEs).

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The partial closure of Nigeria’s land border with neighbours will continue beyond January 2020 and will only be terminated until the set objectives are achieved.

Cleric advises Nigerians to utilise advantages of border closure

A Cleric, Christopher Qwolabi, on Friday, advised Nigerians, especially youths, to utilise the advantages of the nation’s border closure to be self-productive and reliant.
Kabir Marafa, senator representing Zamfara central, says he will remain in the All Progressives Congress (APC) to fight injustice.

Senator Marafa: Governors plotting to replace Adams Oshiomhole with Abdulaziz Yari

Kabir Marafa, a former senator, said some governors are plotting to replace Adams Oshiomhole, national chairman of the All Progressives Congress (APC) with AbdulAziz Yari, former governor of Zamfara state.
Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.

Wayne Rooney confesses his ambition to manage after he retires from playing

Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.
Caretaker premier Saad Hariri on Thursday made phone calls to World Bank president David Malpass and IMF managing director Kristalina Georgieva, his office said.

Lebanon premier asks World Bank, IMF help with economic rescue plan

Lebanon’s caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.
The Institute for Peace and Conflict Resolution (IPCR) has pledged to collaborate with the Nigerian Army Resource Centre (NARC) to find practical solutions to insecurity confronting the country.

Yuletide: Army advises Nigerians to be security conscious

Maj.-Gen. Usman Yakubu, Commander Corps of Artillery, Kontagora has called on Nigerians to be more security conscious before, during and after the Christmas and New year festivities.