eNaira may drop remitting cost to Nigeria —IMF
Washington-based lender, the International Monetary Fund, has disclosed that central bank digital…
Three ex-bankers connive to defraud bank N20bn
Three former workers of First Bank of Nigeria have been arraigned before…
Mobile transactions hit N4.86tn Q1 2022 – NIBSS
Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46…
CBN introduces USSD to boost eNaira
The Central Bank of Nigeria plans to introduce the Unstructured Supplementary code…
Unity bank projects N10.8bn gross earnings Q3 2022
Unity Bank Plc has announced that it aims to achieve N10.890 billion…
28 banks Join $500m pan-African settlement platform
One year after the African Continental Free Trade Agreement take-off, no fewer…
UBA redeems five-year $500m Eurobond
The United Bank for Africa has redeemed its debut $500 million five-year…
Ondo communities groan as robberies halt banking operations, frustrate economic activities
A resident of Idoani in the Ose Local Government of Ondo State,…
Titan Trust completes takeover of Union Bank
Union Bank Plc has announced the completion of core investors’ sale of…
CBN retains 5% interest rate for power sector, others
Sequel to its development finance initiative, the Central Bank of Nigeria has…
Banks borrow N338.4bn from CBN in one month
Cash-strapped banks borrowed N338.5bn from the Central Bank of Nigeria in January…
Why accounts of 50 firms operating loan apps are frozen –FCCPC
Babatunde Irukera is the Executive Vice-Chairman/Chief Executive Officer of the Federal Competition…