CBN to improve payment system and lower the cost of currency management. The Central Bank of Nigeria (CBN) has stated that it is committed to raising...
22.7trn CBN “Ways and Means” Loans to Buhari granted by the Senate The Senate on Wednesday approved the request of President Muhammadu Buhari to restructure the...
Suntrust Bank anticipates 1.5bn profit for the fiscal year 2022. SunTrust Bank Nigeria Limited, a commercial bank, reported a profit before tax of N1.5 billion for...
Access and Fidelity Take the Lead as Nigerian Banks Acquire Other African Banks Access Bank has acquired other banks and commercial organisations in other African nations...
NLC declares a nationwide strike. The President of the Nigeria Labour Congress, Joe Ajaero, has directed public sector workers in the country to embark on a...
CBN Increases Reference Interest Rate to 18% The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) by 50 basis points to 18%....
Emirates rules out flying to Nigeria, claiming CBN has not yet released the trapped funds. Emirate Airline said that for the time being, it would not...
Resign right away. Amefiele and Malami CBN has kept mum over the judgment Femi Gbajabiamila, applauded the ruling of the apex court Supreme Court ordered...
FirstBank Appoints Executive Director Seyi Oyefeso FirstBank of Nigeria Ltd. has appointed Mr. Oluseyi Oyefeso as Executive Director, Retail Banking, in charge of the South....
CBN adopts “Open Banking Guidelines.” The Central Bank of Nigeria (CBN) has issued Guidelines for Open Banking in Nigeria. NewsReport gathered that in a circular referenced...