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JanThe Central Bank of Nigeria has commenced its sensitization campaign on the importance of accepting the new currency notes. The Senior Manager, Currency Operations Department, Shamsudeen Imam at Gombe International Market disclosed that the currency change was a good step with lots of benefits to the economy. While speaking on the basic security features for the new […]
11
JanPresident Buhari has approved the reconstitution of the Board of the Nigeria Deposit Insurance Corporation (NDIC). He has also approved the appointment of some new members and reappointment of some existing members to the Board. The board has five members whose membership is by virtue of institutional or Office representation in line with the provision of Section[…]
11
JanGuaranty Trust Bank United Kingdom Limited has reached a settlement with the UK Financial Conduct Authority, accepting findings in relation to historical anti-money laundering controls in its operations between October 2014 and July 2019. The Bank has agreed a penalty sum of £7.67 million, which has been calculated by reference to a proportion of the revenues of GTBank[…]
