Sentences with phrase «apex bank»

Maximus Attah The ARB Apex Bank has appointed Maximus Attah as the Corporate Communications Manager.

The lawmaker representing Kaduna central senatorial district, senator Shehu Sani, Wednesday observed that the Central Bank of Nigeria, CBN, is the only apex bank without a...

Worked under the RBI Team (India's Apex banking institution) and handled customer escalations reported under RBI.

ARB Apex Bank is advising rural and commercial banks to submit monthly fraud returns to the group head and Bank...

But the apex bank's report shows non-manufacturing sector at steady growth during the same period.

Emefiele, who was represented by the Director, CBN Governor's Office, Olori Oghenekaro, described the collaboration as a welcome development that would serve the apex bank's interest in controlling inflation and stimulation of economic growth.

She said that the bank was complying with the apex bank's directive on BVN by ensuring that customers who had not registered were not able to withdraw from their accounts.

They were, however, hopeful that the directive of the apex bank to money deposit banks to reopen domiciliary accounts could redress the shortage of dollars.

The series of interventions by the apex bank at the nation's foreign exchange market had been critical in defending the Naira against the antics of currency speculators.

Mr Saliu Kadri, one of the EFCC investigators in the alleged N8 billon CBN currency scam case, on Tuesday said that the accused persons breached normal procedures at the Ibadan branch of the apex bank

The apex bank said that the decision was reached having considered the gains being recorded on the economy.

This response follows reports and comments in some section of the Media which said authorities of the apex bank had made an order to a Swiss company to supply it with gold watches amounting to the sum of $ 504000.

The apex bank said the corporate governance challenge that the Skye Bank experienced recently was not enough to render it insolvent adding that the CBN has okayed its efforts to reposition itself.

Alhaji Suleiman Barau, Deputy Governor Operations of the APEX Bank gave this disclosure to the Senate Committee on Appropriation when it appeared before it in Abuja.

The apex bank Central Bank of Nigeria on Sunday disclosed that the number of Bank Verification Numbers that have been linked to in the country stands at 36.7 million.

ABUJA — A former Governor of the Central Bank of Nigeria, Professor Charles Soludo, has accused former President Goodluck Jonathan of running the apex bank during his presidency the way former Ugandan President, Idi Amin, ran his country.

The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, who confirmed this, stated that the move was part of the apex bank's determination to sustain the liquidity in the forex market.

The apex bank, according to Okoroafor, has called on all licensed BDC operators to fund their accounts with the CBN on Mondays and Wednesdays, while they receive their purchases on Tuesdays and Thursdays respectively.

According to a circular issued on Wednesday, the apex bank revealed a change in its rules of engagement with the banks, spelling out new rules regarding how financial institutions could borrow cash from fellow banks or the CBN to cover their temporary shortfalls or meet their obligations.

The group recalls that the apex bank's top management carried out a backdoor recruitment exercise for the children of high profile Nigerian politicians, business men, in which the door was shut against the children of average Nigerian who may have been qualified to work in the bank on merit basis and were not allowed, but, the employment was freely handed to the children of friends and families of those in Government.

Following the allegations leveled against the Central Bank of Nigeria (CBN) by Nigerian Wailers, the apex bank has reacted to allegations

The Governor, CBN, Mr. Godwin Emefiele, while announcing the change in the management of Skye Bank Plc, said the outgoing management could not help the bank from constantly coming to the apex bank's window to borrow funds to cover its shortfalls.

The governor stated that while the apex bank and banking operators had made efforts to reduce the incidents of fraud and ensure consumer confidence in the payment system, the Cybercrime Act, if effectively enforced, would serve as a deterrent and constant reminder to those who might wish to engage in illicit activities targeting the financial technology infrastructure.

Nigeria's apex Bank, CBN has reversed the cashless policy it earlier directed banks to introduce.

He said that the apex bank had stated categorically that it would support the bank no matter «whatever it takes».

Announcing the decision of the committee at the end of its two - day meeting held at the apex bank's headquarters in Abuja, Emefiele said the committee also urged the Federal Government to offset its huge debts to contractors.

The apex bank on July 4 sacked Skye Bank's chairman, Mr Olatunde Ayeni, and Mr Timothy Oguntayo, the Managing Director.

There are indications that Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, has suspended Joseph Nnanna, deputy governor, Financial System Surveillance of the apex bank and four deputy directors for falling prey to scammers who defrauded the CBN.

The governor added that the apex bank would continue to provide single digit interest rate to key sectors of the economy under its developmental programme.

There was road rage today in Ogun as the convoy of the bullion vans belonging to the apex bank Central Bank of Nigeria hit that of the Governor of Ogun State Senator Ibikunle Amosun.

Temtsen called on other commodity associations to emulate RIFAN in partnering with the apex bank to make Nigeria a food sufficient nation.

Speaking further, the apex bank boss noted that the Unilever plant was made possible by the foreign exchange restrictions placed on the 41 items.

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has stated that the apex bank was neither over-funding the Federal government or was it operationally stressed in anyway.

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has stated that the apex bank was neither over-funding the Federal government or was it operationally stressed...

With the best interest of borrowers in mind, the apex bank of India has over the past five years introduced measures such as introduction of base rate and abolishing pre-payment penalties.

SBI, the apex bank of India, has nearly 23,000 branches across the country.

Private Banks like ICICI Bank, HDFC Bank, etc. are likely to follow the footprints of SBI, which is the apex bank of India.

This is an 11 - digit code which is assigned to each bank by the Reserve Bank of India (RBI)- the apex bank of the country.

He only revealed apex banks were from the G20 nations.

The year began with IDRBT, the research - wing of RBI, India's apex bank, asking for the «digitalization of the India Rupee» using Blockchain technology.