Business Hilights

Tracking Nigeria's Headline Business News Online

Chartered Institute of Bankers of Nigeria (CIBN)

Invest in digital skill sets for next generation banking, Ecobank tells banks’

The Chief Executive of leading continental retail banking giant, Ecobank Nigeria, Mr. Patrick Akinwuntan has warned that in view of the speed with which digital innovations are changing banking narratives, it has become imperative for financial institutions to embark on…

Data Protection system
ICT

Banks: Rigorous checks on third party engagements antidote to data protection

… As conferees seek data Governance Maturity Model Participants at the recently held breakfast session by the Chartered Institute of Bankers of Nigeria (CIBN) Centre for Financial Studies in Lagos have agreed that henceforth, banks must adopt serious fact-checking process…

Heritage Bank’s Refinery for human resources tailored to tutor world class bankers

No doubt, training and retraining of corporate workers remain the growth livewire of every business sector and in the banking industry in particular. The essence of tailored training provision according to experts includes building a human resource base that will…

Heritage Bank’s Training Institute equals CBN’s standard, gets CIBN nod

Heritage Bank Plc’s training school popularly referred to as “The Refinery” for new entrant staff has been accredited by the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN). The training school supervised by the Bank’s Human Capital…

CIBN hails Heritage Bank’s academy as freshers begin training

Heritage Bank Plc has received the prestigious accolades from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute. Already, the Heritage Bank Academy has flagged off the training of new 300…

Digital banking rubbishing investments in physical asset by banks—CIBN Report

Strong signal has emerged suggesting that sooner than later, many banks would stop establishment of physical branches for service extension and deepening of branch networks. Revelations from the 2018 annual report of the Chartered Institute of Bankers of Nigeria (CIBN)…

Ecobank plans partnership with CIBN to drive financial inclusion

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has given indication of collaborating with Chartered Institute of Bankers of Nigeria (CIBN) to deepen financial inclusion and capacity building in the industry. Making emphasis against the backdrop of Ecobank’s giant strides in the…

How FG failed in its promise to unbundle NNPC, institute periodic balance sheet display

The sustained deficit financial results so far recorded by the Nigerian National Petroleum Corporation (NNPC) in the last three year may continue unabated if strategic reforms or signing into law the recently passed Petroleum Industry Governance Bill (PIGB) in law….

Jerking up 2018 budget oil benchmark can backfire on sustained drop in price—Experts

Many financial analysts have started picking holes on the increasing of the 2018 oil benchmark from $45 to $51, saying the galloping oil price should not be allowed to deceive government budgetary plans because the indices favouring it do not…

Banks shouldn’t see FinTechs as competitors, but partners—Awojobi, CIBN boss

The Chief Executive Officer/Registrar of the Chartered Institute of Bankers of Nigeria (CIBN), Mr. ‘Seye Awojobi, has called on Nigerian money deposit banks to stop seeing operators of Financial Technology (FinTech) platforms as competitors’, rather partners in progress. Speaking in…