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CIBN

Nigerian banking system is stable, CIBN assures Nigerians

CIBN

The Chartered Institute of Bankers of Nigeria (CIBN) on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient,” dispelling fears of bank liquidations. President/Chairman of Council, CIBN, Prof. Pius Olanrewaju gave the reassurance in a statement in Lagos to correct misinformation and fake news that licence of more banks will be revoked. […]

Why MSMEs are finding it difficult getting credit from banks – Dr. Uju Ogubunka

Dr. Uju Ogubunka

Dr. Uju Ogubunka, president, Bank Customers Association (BCAN) and former Registrar, Chartered Institute of Bankers (CIBN), in this interview, explains why MSMEs are finding it difficult getting credit from banks, and how arbitrary charges banks can be stemmed among others. He spoke with Sam Nzeh, Editor, The Business Times. What is the mandate of BCAN […]

2024: CIBN says banking sector ready for challenges, opportunities

CIBN

The Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector has overcome past challenges and it is preparing for a future with both difficulties and opportunities. The President/Chairman of Council, Dr Ken Opara, said this at the 10th National Economic Outlook, organised by the CIBN Centre for Financial Studies, in collaboration with B. […]

Strengthen internal fraud control mechanisms In banks, Oborewori urges CIBN

Oborevwori Delta

By Nosa Akenzua The Chartered Institute of Bankers of Nigeria (CIBN) has been charged to use its standards setting role to fashion out more proactive mechanisms for fighting fraud in the banking system. Delta State governor, Hon Sheriff Oborevwori, gave the charge at the 3rd Delta State Annual CIBN Seminar/Bankers’ Forum Dinner which took place […]

CIBN rates Nigeria’s banking industry strong, focused

CIBN

The Chartered Institute of Bankers of Nigeria (CIBN), says the banking industry in the country is strong, focused and committed to addressing all the contending issues in the sector. A statement issued by Dr Ken Opara, the President of CIBN on Monday, said the industry was committed to restoring normalcy in the system. Opara was […]

CIBN urges banks to improve cyber security

CIBN urges banks to improve cyber security

Philip Clement, Abuja The Chartered Institute of Bankers of Nigeria (CIBN) has urged the banks to strengthen their cyber security architecture to protect themselves against attacks by fraudsters, Daily Times reports. Mr. Bayo Olugbemi, President/Chairman of Council of the Institute made the call while delivering his remarks at the 2020 CIBN Fellowship Investiture in Lagos. […]

CIBN postpones April ‘Diet’ examinations to October

African

Lagos – 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. The professional examination that the institute serves its members for knowledge is usually taken twice, in April and October. The Head, […]

COVID-19: CIBN urges FG to diversify economy from over-reliance on crude oil

The Chartered Institute of Bankers of Nigeria on Tuesday called on the Federal Government to diversify the economy and review its policy to stir the country away from import dependence and increase non-oil revenue. READ ALSO: Reps probe Akpabio, NDDC mgt over alleged funds mismanagement The Past President, CIBN & keynote speaker, Mr Laoye, Jaiyeola […]

CIBN elects Bayo Olugbemi as 21st president

The Chartered Institute of Bankers of Nigeria (CIBN) on Saturday held its 2020 Annual General Meeting virtual (online), where it announced the election of new officers and reviewed the 2019 financial and operational reports. The Current President, Dr Uche Messiah Olowu, FCIB chaired the meeting with a massive attendance of all members of the Institute […]

CIBN donates N20m for containment of Covid-19 in Lagos

.Commends, Buhari, Sanwo-Olu, Emefiele, others for measures against Coronavirus spread In an effort to contain the spread coronavirus (COVID-19) pandemic, the Chartered Institute of Bankers of Nigeria (CIBN) has donated a total sum of N20 million to the Lagos State Government. This is even as the Institute applauded President Muhammadu Buhari, the Governor of Lagos […]

COVID 19: CIBN adjusts programmes, to hold AGM through teleconferencing

Postpones April Exams, other events Following an increase in the number of Coronavirus cases in the country, the Chartered Institute of Bankers of Nigeria (CIBN) has approved the adjustment of all its programmes scheduled to take place between March 23 and June 30, 2020. To this end, the Council in a statement signed by the […]

2020: CIBN says Nigeria’s economic growth may not be up to 3℅

Economic diversification

Dr Uche Olowu, the President of the Chartered Institute of Bankers of Nigeria (CIBN), on Thursday said Nigeria’s economy, in 2020, might record a gradual growth in its Gross Domestic Product (GDP) that would not be up to three per cent. Olowu, said this at a forum on 2020 Economic Outlook, organised by the Finance […]

Downward review of bank charges will affect bottom line of banking industry — CIBN

The Chartered Institute of Bankers of Nigeria (CIBN) said on Sunday that the downward review of bank charges would affect the net earnings and income of the Banks. Dr. Uche Olowu, the CIBN Chairman, told News Agency of Nigeria (NAN), however, that the review was designed to ameliorate people’s complaints about the charges. “So, the […]

CIBN to train bankers on sustainable finance — President

Forex CIBN

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 […]

CIBN wants enabling law amended to sanitise banking sector

The president of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, says the institute wants its enabling act amended to help sanitize the banking sector. Ajibola told the News Agency of Nigeria (NAN) on Monday in Lagos that the institute would soon propose to the National Assembly an amendment to the CIBN […]

CIBN tells FG to commit economic diversification

The President of the Chartered institute of Banker of Nigeria (CIBN) Professor Segun Ajibola, wants the federal government to show strong commitment to the diversification of the economy from oil  for the country to come out from the recession.   He made this call while speaking at the 2016 Annual Dinner of the Nigeria International Chamber […]

World bankers’ confab, opportunity for investment – CIBN

The President, Chartered Institute of Bankers of Nigeria (CIBN), Mr Segun Ajibola, has called for utilisation of the forthcoming World Conference of Banking Institutes (WCBI) to attract foreign investments. The CIBN president made the call during an interview with newsmen in Lagos on Monday. Ajibola said that WCBI slated to hold in April, 2017 in […]

EFFCC Seeks Financial Institutions Aid in Fighting Money Laundering

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, has urged bankers and major players in Nigeria’s financial sector to cooperate with law enforcement agencies in combating money laundering. He gave the charge at the Chartered Institute of Bankers of Nigeria, CIBN’s Anti-Money Laundering workshop, which held at the Reiz Continental Hotel, […]

Nigeria Secures 22nd WCBI Hosting Rights

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 […]