CIBN

The Senate Wednesday confirmed the nomination of Mr. Bello Hassan as the new Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC).

Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.

The Chartered Institute of Bankers of Nigeria (CIBN) has urged the banks to strengthen their cyber-security architecture in order to prevent attacks by fraudsters.

Thirty prominent professional bodies under the aegis of the Association of Professional Bodies of Nigeria (APBN) yesterday urged the federal government to immediately overhaul the country’s security apparatus, saying the situation had largely deteriorated in recent months.

The President of African Development Bank, AfDB, Dr. Akinwumi Adesina, has said Africa’s economic growth this year will decline by 3.4%, because of the challenges of the Covid-19 pandemic.

The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021.

On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said that electronic transaction volumes increased by about 67 per cent during the COVID-19 lockdown with increased transactions at agent networks.

The Chartered Institute of Bankers of Nigeria (CIBN) has suspended its 2020 Fellowship Investiture Ceremony earlier scheduled for Oct. 24, at Balmoral Convention Centre, Victoria Island, Lagos.

The Federal Government is seeking the partnership of the banking sector in its efforts to revamp the ailing economy occasioned by the outbreak of the coronavirus pandemic.

A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to increase support for commercial banks to address the impact of the COVID-19 pandemic on the sector.

An economist, Mr Okechukwu Unegbu, says the Federal Government’s removal of petroleum subsidy will unlock the country’s economic prospect.

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.

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.

Mr Bayo Olugbemi has been sworn in as the 21st president/chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN).

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.

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.

President Muhammadu Buhari has felicitated with the Managing Director/Chief Executive Officer, FirstBank Limited, Dr Adesola Adeduntan, on his award of Distinguished Alumnus of the Year by Cranfield School of Management, United Kingdom.

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

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).

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.

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.