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Merchant Banks

NCSB approves FSDH Merchant Bank as Custom Duty collecting bank

The Nigeria Customs Service Board (NCSB) has approved request by FSDH Merchant Bank to collect Custom duty for the Federal Government.

Central bank issues new guidelines mandating banks to notify customers on all transactions

New guidelines issued by the Central Bank of Nigeria (CBN) demand all commercial banks and financial institutions to promptly notify customers on all transactions on their accounts as part of their contractual obligations.

Central bank to withdraw N7.9 trillion dirty, mutilated notes

A large proportion of the N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments, the Central Bank of Nigeria (CBN) has said.

Central bank to commence auctioning Chinese yuan

The Central Bank of Nigeria (CBN) on Thursday, released guidelines for the bilateral currency swap agreement between Nigeria and China.

Central bank issues guidelines on Naira-Renminbi swap deal

The Central Bank of Nigeria (CBN) on Thursday released guidelines for the bilateral Currency Swap agreement between Nigeria and China.

CBN: 20,684 assets valued at N392bn on collateral registry

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has revealed that movable assets valued at N392 billion have been registered on the National Collateral Register (NCR) as at August 24, 2017.

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The Board of Africa’s biggest retailer, Shoprite International Limited, has announced plans to discontinue operations in Nigeria after 15 years.
South African Rand coins are seen in this photo illustration. REUTERS-Mike Hutchings

South Africa’s rand falls as virus fears hit risk appetite

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Thiago Alcantara may be an “unbelievable” player, concedes Jose Enrique, but that does not make the Bayern Munich midfielder the “best fit” for Liverpool.

PSG join race to sign Bayern Munich star

Ligue 1 champions Paris Saint-Germain are reportedly set to challenge Liverpool in their pursuit of Bayern Munich star Thiago Alcantara.
Kasper Schmeichel is as good as any goalkeeper in the Premier League, according to Mark Bosnich, who says the Leicester No 1 would be a fantastic signing for Manchester United.

Mark Bosnich: Kasper Schmeichel would be ‘fantastic’ signing for Manchester United

Kasper Schmeichel is "as good as any goalkeeper in the Premier League", according to Mark Bosnich, who says the Leicester No 1 would be a "fantastic" signing for Manchester United.

Ondo guber: Deputy governor’s defection tears PDP apart

The planned defection of the deputy governor of Ondo state, Hon Agboola Ajayi, to the Zenith Labour Party this week is generating heat within his People Democratic Party.