Nigeria Listed Among Highest New Users Of Bitcoin   Nigerians usage of bitcoin has continued to rise despite warnings by the Central Bank of Nigeria that digital currencies are not legal tender. The Chartered Institute of Bankers of Nigeria disclosed this in its release on ‘The Nigerian...

Debtors Unwilling To Repay Loans Sabotaging Economy, Says CIBN   The President and Chairman of Council, Chartered Institute of Bankers of Nigeria, Dr. Uche Olowu, has said the failure of perpetual borrowers to repay bank loans is hurting the nation’s economy. Olowu, who lauded the recent increase...

Bankers Demand Stringent Rules On Data Protection To ensure data protection of customers in the banking sector, the operators have said they must be more stringent in scrutinising third party engagements. This was contained in the communiqué issued at the end of the breakfast session on...

NECA, Others Back Sanusi’s Call For Fuel Subsidy Removal   Against the backdrop of the statement by the Emir of Kano, Mallam Muhammad Sanusi II, that the country was on the brink of bankruptcy, the Nigeria Employers’ Consultative Association and other stakeholders have asked the Federal...

DBN Boss Becomes CIBN Fellow The Managing Director of the Development Bank of Nigeria, Mr Tony Okpanachi, has become a fellow of the Chartered Institute of Bankers of Nigeria. The investiture was held at the Federal Palace Hotel, Victoria Island, Lagos on Thursday, May 16, 2019. Okpanachi...

6 Bankers To Get CIBN's Fellowship Awards   The Chartered Institute of Bankers of Nigeria says it will formally confer its honorary fellowship awards on six distinguished bankers in recognition of their contributions to the banking industry and the nation’s economy. The awardees are the Deputy Governor...