Naira redesign: We’ll protect unbanked, rural dwellers – CBN
The Central Bank of Nigeria has restated its commitment to protect interests of millions of unbanked and underserved Nigerians, who mostly reside…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
Full list: Five laws guiding Nigeria’s banking activities
Recent research has shown the laws that guides, checks and balances the banking industry and their activities. The banking industry garnered approximately…
Union Bank, Morocco’s Attijariwafa partner to boost cross-border trade
Union Bank of Nigeria has entered into a partnership agreement with Morocco’s Attijariwafa Bank in order to support their shared vision for…
CBN to introduce new laws against financial system threats
The governor of the Central Bank of Nigeria, Godwin Emefiele, has stated that the apex bank will create a set of new…
Stanbic Holdings announces 38% Q3 2022 profit
Stanbic IBTC Holdings Plc, has announced a 38 per cent growth in profit after tax in its third quarter period which ended…
CBN’s plan to redesign naira purely political- Obaseki
Edo State Governor, Godwin Obaseki, has criticized the plan to redesign naira notes, asserting that it is solely a political initiative without…
Naira redesign: CBN has my approval, Buhari clarifies
The President, Major General Muhammadu Buhari (retd), has confirmed that the Central Bank of Nigeria has his approval to redesign the naira…
UBA opens to customers Saturday for old naira notes
To ensure a smooth process for clients to return the old Naira notes they may still have in their possession, the United…
Zenith Bank’s Q3 earnings hit N620.6bn
Zenith Bank Plc stated that its gross earnings increased 20 per cent in the third quarter of 2022 to N620.6bn from N518.7bn…
Nigeria resources enough to end economic crisis – Access Bank chair
The Chairman Of Access Bank Plc, Mrs. Dere Awosika, said that the Federal Government, with resources appropriation, has the power to resolve…
New naira’ll make ransom payment difficult – CBN
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the payment of ransom to kidnappers and criminal elements…
CBN to redesign naira notes
The Central Bank of Nigeria announced plans to redesign the N200, N500, and N1000 notes. CBN Governor, Godwin Emefiele, made the announcement…