Bank of Industry gets recognition in UK

The Bank of Industry says its key capital-raising transactions from the international financial market, which fueled its financial performance in 2022, have been recognised with local and international awards.The bank, in a statement, said its total assets had grown by 248 per cent between 2016 and 2022, reaching N1.71tn by the end of 2021 and closing at N2.38tn as of December 2022.

For these, the bank said it was awarded the Best Financial Institution Syndicated Loan in EMEA and the Best Financial Institution Bond in Africa at the EMEA Finance Achievement Awards for 2022 in June 2023.

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Central Bank Announces Changes To Forex Market, Abolishes Multiple Exchange Rates | Sahara ReportersThe Central Bank of Nigeria (CBN) has confirmed changes in the foreign exchange market. In a statement on Wednesday night, Angela Sere-Ejembi, Director, Financial Markets, announced the changes and abolishment of segmentation. “The Central Bank of Nigeria (CBN) wishes to inform all authorised dealers and the general public of the following immediate changes to operations in the Nigerian Foreign Exchange (FX) Market: Abolishment of segmentation.
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