Category: Banking

New naira’ll make ransom payment difficult – CBN

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the payment...

CBN to redesign naira notes

The Central Bank of Nigeria announced plans to redesign the N200, N500, and N1000 notes....

100% cashless economy possible in Nigeria – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele has said that the goal...

Polaris Bank announces new board

Strategic Capital Investment has appointed a new board of directors, just 24 hours after announcing...

CBN sells Polaris Bank N50bn

Strategic Capital Investment Limited has completed the acquisition of the entire Polaris Bank shares for...

Reps stops CBNs sale of Polaris Bank

The House of Representatives has asked the Central Bank of Nigeria to halt the planned...

How Nigerian banks performed first half of 2022

Experts analysis revealed that Wema Bank, First Bank and Stanbic IBTC stood out as the...

Zenith, GTB, others record ₦500bn after tax profit

Zenith Bank takes the lead as the Nigeria Exchange posted N501.13 billion after tax profit...

Meet highest earning Nigerian bank MDs/CEOs

In the first half of 2022, the managing directors and chief executive officers of six...

Fraudsters hack bank, transfer customers’ N522m

An old generation bank customer’s account was hacked by suspected fraudsters, transferring N523,337,100 from the...

First Bank suspends dollar transactions on naira debit cards

First Bank of Nigeria has suspended international transactions using the Naira Mastercard, Naira Credit Card,...

Tax evasion: Kogi govt seals First Bank branches

Kogi State Government has sealed all branches of First Bank Nigeria PLC operating in the...