Banking and Finance Archives

Banking and Finance

Fake Tax Clearance Certificates: MDAs to authenticate certificates before payment – Adeosun

OAK TELEVISION June 19, 2018

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Fake Tax Clearance Certificates: MDAs to authenticate certificates before payment – Adeosun Fake Tax Clearance Certificates – MDAs to authenticate certificates before payment – AdeosunThe Federal Government has mandated all Ministries, Departments and Agencies of government (MDAs) and the Federal Inland Revenue Service (FIRS) to authenticate all Tax Clearance Certificates (TCCs) presented by companies and […]

ACCESS BANK LAGOS CITY MARATHON British Deputy Head of Mission commends Lagos Govt, Organizers

OAK TELEVISION June 19, 2018

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The Head of Prosperity Fund and Deputy Head of Mission, British Deputy High Commission Lagos, Mr. Andrew Davidson has commended the Lagos State Government and the organizers of the Access Bank Lagos City Marathon. At a breakfast meeting on Monday with the Senior Special Assistant to Governor Akinwunmi Ambode on Sports, Anthony Adeyinka Adeboye, top executive officers […]

Korea announces $5-billion financial package for Africa at African Development Bank Annual Meetings

OAK TELEVISION May 23, 2018

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The Bank and the Republic of Korea also signed an agreement with the intent to provide up to $600 million towards the energy sector The Government of Korea and the African Development Bank have issued a Joint Declaration following the conclusion of the Ministerial Roundtable of the Korea-Africa Economic Cooperation (KOAFEC) Conference taking place during […]

Nigerian govt. to re-arrest bank directors over malpratices

OAK TELEVISION April 20, 2017

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The Task Force on the Implementation of the Failed Bank Act has given notice to re-arrest for prosecution, directors and officers of licensed banks who had committed banking malpractices and had absconded. The Task Force had at its 38th meeting held on 13th March, 2017 reviewed some pending investigations by the Police Financial Malpractices […]

CBN: We have refunded N27bn illegally charged bank customers

OAK TELEVISION June 6, 2016

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In continuation of its consultation with major stakeholders in the economy, the Central Bank of Nigeria (CBN) at the weekend met with members of the Nigeria Labour Congress (NLC). At the meeting, the Consumer Protection Department of the CBN disclosed that it had resolved over 6,000 complaints by bank customers, just as it had refunded […]

Emefiele: CBN’s Forex Demand Management is Starting to Work

OAK TELEVISION August 7, 2015

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The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has maintained that CBN policies aimed at managing demand for foreign exchange were beginning to have the desired impact. He also dismissed calls for the devaluation of the naira amid growing domestic and international concerns about the tough outlook facing the Nigerian economy after the […]

Skye Bank Business School has trained 62 fresh graduates as new Bankers

OAK TELEVISION August 4, 2015

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A total of 62 fresh graduands of the Skye Business School who passed through a very rigorous and thorough academic programme have joined the workforce of Skye Bank Plc after the necessary basic banking training programme. The graduands who are fresh university graduates with diverse academic backgrounds and impressive academic records, had completed an intensive […]

Opinion rises as Banks reject dollar Deposits

OAK TELEVISION August 4, 2015

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Some manufacturers and financial market analysts have expressed divergent opinions on the Central Bank of Nigeria’s (CBN) foreign exchange policy as well as the decision by commercial banks to reject foreign currency deposits. While manufacturers hold the view that the policy has stifled business and discouraged entrepreneurship in the country, market analysts stressed that the […]

Again, stock market loses N26bn

OAK TELEVISION July 31, 2015

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The bears continue to dominate the Nigerian equities space as the market’s benchmark capitalization further dipped by N26 billion yesterday. At the end of trading the NSE All Share Index depreciated by 74.77 points represented 0.25 per cent to close at 30,436.18 points just as market capitalization lost N26 billion to close yesterday session at […]

Naira rebounds in Parallel Market as Banks reject Dollar deposits

OAK TELEVISION July 31, 2015

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The naira, which had fallen sharply in the parallel market, staged a major recovery thursday, as it appreciated to a band of N225 to N230 to a dollar, compared to N240 to the dollar at which it sold in the last few weeks. Forex dealers attributed the naira’s gain to excess supply of the greenback […]

Banking and Finance

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