CBN orders banks to sell forex to licenced BDCs

The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign currency accruing from inward money remittances to licenced Bureau De Change operators (BDCs).The directive came in a circular dated July 22, 2016 and posted on its website. The circular, signed by the Acting Director, Trade and […]

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Red Star is the best in compliance – Emeje

The Head of the Courier Regulatory Department (CRD) of NIPOST, Dr Simon Emeje has commended the management of Red Star Plc for its steadfastness in its compliance to all regulatory rules laid down by the department for the courier industry.  This much he said when the management of the company, led by the outgoing Group […]

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GTBank Gets Double Honours at Euromoney Awards

…Wins Best Bank in Nigeria & Best Digital Bank in Africa Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as the ‘Best Bank in Nigeria & Best Digital Bank in Africa’ during the 2016 Euromoney Awards which held in London on Wednesday, July […]

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