Senate asks CBN to suspend ‘excessive’ ATM charges, N10,000 maximum… Oluwadamilare Emmanuel Oct 17, 2018 The Senate on Wednesday asked its committees on Banking, Insurance & other Financial Institutions and Finance to invite the…
Senate confirms Shonubi as CBN Deputy Governor, Muiz Banire as AMCON… Oluwadamilare Emmanuel Oct 11, 2018 The Senate has confirmed the appointment of Folashodun Shonubi as the Deputy Director of the Central Bank of Nigeria (CBN) and…
$8.1bn fine: Emefiele hints on possible reduction, settling issues… Oluwadamilare Emmanuel Oct 8, 2018 The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele on Sunday said the apex bank may reduce the $8.1billion it ordered…
Hawk, spray naira notes, go to jail from party venue, CBN warns Nigerians Oluwadamilare Emmanuel Oct 5, 2018 ...to deploy mobile courts at strategic places across Nigeria The Bankers Committee on Thursday warned those who “spray” naira…
Business NSE listing: MTN likely to scrap Nigerian IPO after CBN, FG fines Oluwadamilare Emmanuel Oct 3, 2018 The management of MTN Group Limited is considering cancelling its much-awaited listing on the Nigerian Stock Exchange (NSE) via an…
Business CBN Manufacturing Index Growth Rate Slows in September Oluwadamilare Emmanuel Oct 3, 2018 The Central Bank of Nigeria (CBN) has released its Manufacturing Purchasing Manager’s Index (PMI) for the month of September.…
CBN to revoke operating licences of 154 microfinance banks, 28 others Oluwadamilare Emmanuel Sep 27, 2018 The Central Bank of Nigeria(CBN) on Wednesday gave a notification to revoke the operating licences of 182 other financial…
Nigeria’s foreign reserves drop to $44.8b Oluwadamilare Emmanuel Sep 25, 2018 ...as analysts fault CBN's weekly defend of the naira Sequel to its almost weekly defend of the naira against the dollar and…
CBN injects N786bn into former Skye Bank, changes name to Polaris Bank Olusegun Kugbayi Sep 22, 2018 A new Bank, Polaris Bank has been licensed to assume ownership of the assets, all deposit liabilities and some other liabilities…
BREAKING: CBN withdraws Skye Bank’s license Oluwadamilare Emmanuel Sep 21, 2018 The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank. CBN Governor, Godwin Emefile who announced…