Sunday, September 23, 2018

Tag "Stanbic IBTC Bank"

    N1.8bn deduction from Stanbic IBTC in national interest, says CBN official

N1.8bn deduction from Stanbic IBTC in national interest, says CBN official

The Central Bank of Nigeria (CBN) says the alleged deduction of N1.886 billion fine from Stanbic IBTC Bank’s account was in done in national interest.An official of CBN, who pleaded anonymity while confirming this to NAN in Lagos, said he could not immediately give details, but the apex bank would issue a statement on the matter later.The CBN had, on [...]

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    Sterling Bank chairman says it might become a holding company

Sterling Bank chairman says it might become a holding company

Asue Ighodalo, chairman of Sterling Bank Plc, says the organisation is considering changing its operational structure from that of a bank to a holding company.Speaking at the bank's annual general meeting on Thursday, Ighodalo said this proposed new structure will allow the commercial banks and its subsidiaries operate under a parent company.He said the board of the bank retained most [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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