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Buhari unveils redesigned naira notes.

President Muhammadu Buhari unveiled the redesigned naira notes of N200, N500, and N1000 at the Council Chamber of the Presidential Villa Abuja on Wednesday. according to the News agency of Nigeria (NAN), the unveiling of the naira notes preceded the virtual meeting of the Federal Executive Council (FEC) with a …

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CBN redesigns 200, 500, 1000 naira notes

The Central Bank of Nigeria (CBN) on Wednesday announced plans to redesign the 200, 500, and 1,000 naira notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. Emefiele said the redesign will take effect from Thursday, December 15, 2022. He also said that existing notes …

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Tranzfar; breaking boundaries with the Freedom Account

Tranzfar, an international payment solution provider focused on cross-border money transfers from the United Kingdom, United States, 27 EU countries, Canada, New Zealand and Australia to Nigeria, Ghana and Kenya has recently launched its latest innovative product ‘The Freedom bank Account’ in Nigeria.   The Freedom Account allows customers in …

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Access Bank Collaborates with Federal Government to roll out Government Enterprise and Empowerment Program (GEEP) 2.0 in all 36 States and the FCT

Nigeria biggest lender in the SME space, Access Bank Plc is collaborating with the Ministry of Humanitarian Affairs, Disaster Management and Social Development to roll out the Government Enterprise and Empowerment Programme GEEP 2.0 in all the 36 states and the Federal Capital Territory. Successful beneficiaries of GEEP 2.0 shall …

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Union Bank to divest from UK subsidiary.

Union Bank of Nigeria, one of the oldest banks in the country with an international banking authorization, has said it will be seeking shareholders’ approval to spin off its United Kingdom (UK) subsidiary to shareholders. The bank will meet shareholders in March, 2022, at an Extraordinary General Meeting (EGM) in …

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