News

Bankers unaware that Nigerians are being defrauded through Western Union

Ihesiulo Grace 11 November 2019 0

Abuja – Some bankers said they were unaware of the alleged report that Nigerians are being defrauded through Western Union. Mr Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) had accused bankers of defrauding Nigerians through western union. Some

Education

CIBN to train bankers on sustainable finance — President

Ihesiulo Grace 8 November 2019 0

Lagos – The Chartered Institute of Bankers of Nigeria (CIBN) says it will soon organize capacity building for bankers in the country on the need for sustainable banking principles. CIBN President, Dr Uche Olowu, said this at a conference organised by LAPO Microfinance Bank Limited in Lagos on Thursday with theme: “Enhancing Sustainable Finance in […]

Business Headlines

2-Sell naira, spray at parties, go to jail-Bankers Committee

Ihesiulo Grace 5 October 2018 0

The Bankers Committee comprising the Central Bank of Nigeria (CBN) and Chief Executive Officers of commercial banks operating in the country on Thursday agreed to take stiffer actions against the nation’s currency abusers, who now risk six months jail term and or N50, 000 fines. The Committee, after its meeting in Lagos on Thursday , […]

Money

Bank credit, a critical for economic growth – CIBN boss

Ihesiulo Grace 7 December 2017 0

The President/Chairman of Council of Chartered Institute of Bankers of Nigeria (CIBN), Professor Segun Ajibola, has again stressed the importance of bank credit in engendering growth and development in an economy. Prof. Ajibola, noted that indeed, banks play an important and active role in the economic development of a country. The erudite scholar of economics, […]

Business

Factoring, credit insurance key for SMEs, regional integration

Ihesiulo Grace 20 November 2017 0

Innovative financial solutions like factoring and credit insurance offer keys to the growth of small and medium-sized enterprises (SMEs) in Africa and can enhance regional integration, participants at an annual workshop on factoring held on Sal Island in Cape Verde, have heard. The one-day workshop was organized by the African Export-Import Bank (Afreximbank) on 9 […]

Business

Bankers’ dinner: Emefiele, others set 2018 economy direction

Ihesiulo Grace 10 November 2017 0

All is set for the banking community, stakeholders in the financial sector and the general public to know the state of the Banking Industry and the Nigeria’s economy, as the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, will takes all stakeholders through economic refirms and development in the Industry. The Apex bank Governor […]

Opinion

Bankers as crooks

Ihesiulo Grace 13 January 2017 0

The “temporary” forfeiture of $153 million looted funds by the former minister of petroleum, Diezani Allison-Madueke to the federal government, once again points to the felonious nature of Nigerian banks and their executives. It is a crying shame that there are no sacred institutions in Nigeria. Actually, there are no institutions. Criminality seems the norm […]

Business News

FG, Investors, Bankers, set for South-East Economic, Security Summit

Ihesiulo Grace 13 December 2016 0

The Federal Government of Nigeria including, National Assembly, State Governments, top local and international business leaders, bankers, investors among many others are set to attend the maiden South-East Economic & Security Summit – SEESS 2016.   As part of efforts to build peace and engender progress and development throughout Nigeria’s southeast  

Banking Business

Nigeria Secures 22nd WCBI Hosting Rights

Ihesiulo Grace 22 April 2015 0

The Chartered Institute of Bankers of Nigeria has won the rights to host the 22nd World Conference of Banking Institutes (WCBI) which will take place in 2017.   After a robust presentation to the delegates by Otunba (Mrs) Debola Osibogun, FCIB, President/Chairman of Council, at the just concluded 21st edition of the WCIB Conference, in […]