Banks, stockbroking firms are our partners in progress – DMO
By Kadiri Abdulrahman The Debt Management Office (DMO) says Deposit Money Banks (DMBs) and Stockbroking firms are integral to delivering its national mandate of debt […]
Banks
CBN to end sale of FOREX to banks
By Kadiri Abdulrahman The CBN will stop the sale of foreign exchange to commercial banks before the end of the year, its governor, Mr Godwin […]
Empower micro finance banks to reach more customers, Arvofinance boss urges CBN
Mr Ayotunde Bally, Chief Executive Officer of Arvofinance, a digital lending company, has urged the Central Bank of Nigerians (CBN) to allow Microfinance Banks (MFBs) […]
E-Naira will have far-reaching implications for banking sector – Economists
Economists have said that the e-Naira, when rolled out, will have far-reaching implications for the future of the banking sector in Nigeria. The experts, in […]
CBN releases guidelines for eNaira
Following the launch of the enaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for download, […]
Sit-at-home: ESN scare paralyses economic activities in Umuahia
Economic activities came to a halt on Monday in Umuahia, following the rumour that some hoodlums launched an attack in the capital city to enforce […]
Independence: Address overregulation, forex constraints to ease manufacturing – stakeholders
As Nigeria celebrates 61 years of nationhood, some manufacturing stakeholders have urged the Federal Government to tackle overregulation, irregularities in ports and foreign exchange constraints, […]
FG disburses N300bn to farmers
President Muhammadu Buhari says N300 billion has been disbursed to farmers while 1.6 million poor and vulnerable households are currently benefiting from the Conditional Cash […]
FirstBank wins Private Bank of the Year award by Global Finance
First Bank of Nigeria Ltd., has won the Global Finance ‘Private Bank of the Year 2021’ award. The Deputy Managing Director of the bank, Mr […]
World Leukaemia day: Volunteers call for more blood donors to shore up banks
Some volunteer blood donors at the 2021 World Leukaemia Day organised by a Non-Governmental Organisation, Timilehin Leukaemia Foundation (TLF), on Saturday, called on more Nigerians […]
E-naira: CBN Dep. Gov. urges banks to strengthen operational capacity
Mr Folashodun Shonubi, Deputy Governor, Operations Directorate, Central Bank of Nigeria (CBN), has urged Deposit Money Banks (DMBs) to strengthen their operational capacity to effectively […]
Reps c’ttee resumes probe of alleged unremitted N10.6 bn Customs duty by banks
The House of Representatives Committee on Customs, on Wednesday, in Abuja, resumed its investigative hearing on the alleged non-remittance of N10.6 billion Customs and Excise […]
Electricity workers sign MoU following FG’s intervention in crisis
Aggrieved members of the Senior Staff Association of Electricity and Allied Companies (SSAEAC) have signed a Memorandum of Understanding (MoU) to remain together. The MoU, […]
2023: EFCC boss warns banks against election financing, forex malpractices
The Chairman of the Economic and Financial Crimes Commission [EFCC], Mr Abdulrasheed Bawa, has warned financial institutions against fraudulent election financing, foreign exchange malpractice and […]
FCMB wins 10th Edition of Kaduna Corporate League
First City Monument Bank (FCMB) on Saturday rode over the back of Guarantee Trust Bank with two unreplied goals to lift the 10th edition of […]
Access Bank drives financial inclusion with 74,000 Closa agents – Official
Access Bank Plc has equipped 74,000 Access Closa agents to provide financial services to customers across the country, to drive financial inclusion. Mr Robert Giles, […]
Banks refunded over N89bn to customers in June- CBN
The Gov. of Central Bank of Nigeria (CBN) Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria […]
DMO offers new FG bonds for subscription at N1000/ unit
The Debt Management Office (DMO) on Monday offered additional Federal Government bonds for subscription at N1,000 per unit, according to information published on its website. […]
FOI: CSO seeks details of 2020, 2021 Hajj deposit refund
Independent Hajj Reporters (IHR), a Civil Society Organisation (CSO) that reports and monitors Hajj and Umrah activities, has requested state Muslim Pilgrims’ Welfare Boards (SMPWBs) […]
Don lauds CBN’s decision to stop forex supply to BDCs
Prof. Uchechi Ogbuagu, Department of Economics, University of Calabar, has commended the Central Bank of Nigeria (CBN) for stopping the supply of forex to Bureau […]
Experts hail CBN’s decision to stop forex sale to BDC operators
An economist, Prof. Akpan Ekpo, has commended the Central Bank of Nigeria (CBN) for discontinuing sale of forex to Bureau de Change (BDC) operators in […]
World Finance magazine names Zenith Bank Best Commercial Bank in Nigeria
Zenith Bank Plc has been named ”Best Commercial Bank in Nigeria” at the World Finance Banking Awards 2021, as published in the July edition of […]
Zenith Bank retains position as number 1 Tier-1 bank in Nigeria
Zenith Bank Plc has retained its position at the number one bank in Nigeria by Tier-1 capital in the 2021 Top 1,000 World Banks ranking […]
Cabotage Fund: NIMASA shortlists 11 coys, 4 banks to benefit –DG
The Nigerian Maritime Administration and Safety Agency, (NIMASA), has disclosed that it had so far shortlisted 11 companies to benefit from the Cabotage Vessel Financing […]
NEXIM MD urges auditors to adopt “agile” auditing
Mr Abubakar Bello, the Managing Director, Nigeria Export-Import (NEXIM) bank has urged Internal Auditors to adopt agile auditing and be more proactive in providing assurance […]