Founder of Vintage Vantage Advisory, Canada, Mr. Kenneth Aigbinode was among the elite group of experienced and top-rated bankers recently conferred with the prestigious Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN). He has over 35 years of experience in top management and board positions in the financial services and telecommunications industries. He has traversed the merchant, investment, …

The Central Bank of Nigeria (CBN) has lifted the limits placed on domiciliary accounts. According to a statement on Sunday, the new regulation allowed account holders to deposit freely, have unrestricted access to funds in accounts and makeup to $10,000 withdrawals daily. It read: “Ordinary domiciliary account holders shall have unfettered and unrestricted access to funds in their accounts. Domiciliary …

The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), through which interest rate is measured, from 13 percent to 14 percent, explaining that the measure is to control rising inflation. MPR is the baseline interest rate in an economy, around which other interest rates in an economy revolves. Last month, Nigeria’s inflation rate reached a five-year high …

Some financial experts have called on the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to adopt a more realistic approach to its policy decisions. The MPC moved the benchmark interest to 13 per cent, 150 basis points above the previous rate three months ago. It is the first change since September 2020. Reading the communique of …

By Babatunde Obele Social trust is the underlying foundation of relationships among individuals, groups and other components of the society, including public institutions. Social trust also plays a strategic role in the evolution of nations. As observed by Aristotle, “human beings are by nature, social creatures’’, and societies are held together, in part, by their ability to come together around …

By Etim Etim In early March, I wrote an article titled ‘’Who is bankrolling Emefiele’s political campaigns?’’ In the piece I questioned the source of funding for the massive newspaper advertisements that were promoting the presidential campaign of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. I estimated that the adverts had already gulped over N100 million …

Forbes Africa has listed the Governor of Central Bank of Nigeria, Mr Godwin Emefiele and the founder of Krystal Digital Solutions Limited, Mr Temitope Ogunsemo in its Africa: Undiscovered Series (Nigeria version). In the Forbes’ Report on Nigeria made available on Friday to the News Agency of Nigeria (NAN), the world-renowned publication said the Undiscovered Series was part of an …

The past two years have seen dramatic changes in the global economy occasioned by the challenges of COVID-19 pandemic. Indeed, the pandemic had devastating consequences on many corporate organisations, hence the need to evolve new survival strategies for profit optimisation. 2022, being a pre-election year, made it even more imperative for the egg heads in various organisations to think out …