CBN extends use of old Naira notes indefinitely 

Old naira notes   The Central Bank of Nigeria (CBN) has extended the use of old Naira notes indefinitely and beyond the December 31, 2023 deadline set by the Supreme Court. Isa AbdulMumin, Director, Corporate Communications, CBN, in a statement on Tuesday, said Nigerians should recall that the apex bank introduced …

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Stanbic IBTC Bank Showcases upgraded EOL 2.0 Transaction Solution

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC Holdings, hosted a webinar focused on facilitating seamless payment experience for business owners through the enhanced Enterprise Online (EOL) payment platform. The webinar themed “Simplifying Payments for Businesses”, unveiled EOL 2.0, an upgraded solution created to facilitate smooth payment experience and improve human …

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Stanbic IBTC Bank Introduces Specialised Mortgage Solution for salary earners

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, is pleased to announce its innovative Specialised Mortgage solution designed to address the challenge of accessing mortgage finance for salary earners. Leveraging the Pension Commission’s (PENCOM) policy update allows pension contributors to access part of their retirement savings as equity contributions …

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Youth unemployment eradication, our priority- Dangote

Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. She said, it is only when youths are positively engaged, that the high insecurity problems in the country will fade away. Fatima, who made this disclosure at …

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Exchange rate: NECA, experts disagree on FG’s target

Against the backdrop of  indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganising the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals. They however, advised government …

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