The representatives of The Chartered Institute of Bankers of Nigeria – Lagos Branch came on a courtesy visit to Seed Capital Microfinance Bank Limited to harness ideas and rub minds on the events, growth and innovations happening around Finance and Financial institutions in Nigeria…Click here for highlights.
Our 4TH, 5TH & 6TH ANNUAL GENERAL MEETING was held on the 21st December, 2016.
ESSENTIAL REQUIREMENTS FOR NIGERIA BANKS 1.0 INTRODUCTION Recent disclosures by the Central Bank of Nigeria [CBN] of the large scale mismanagement and gross insider abuses in some of the universal banks taken over by the regulatory authority further strengthened the need for institutionalizing sound corporate governance in every financial institution. Given the large number of over 900…Details
The Central Bank of Nigeria (CBN) has introduced a new policy on cash-based transactions which stipulates a �cash handling charge� on daily cash withdrawals that exceed N500,000 for Individuals and N3,000,000 for Corporate bodies. The new policy on cash-based transactions (withdrawals) in banks, aims at reducing (NOT ELIMINATING) the amount of physical cash (coins and notes) circulating…Details