Category: Banking

Active Nigerian bank accounts hit 151 million – NIBSS

The number of active bank accounts in Nigeria witnessed a 13% growth, reaching a total...

Wigwe: Rain, wintry weather responsible for crash, says US

United States authorities revealed on Sunday that preliminary findings suggest wintry weather conditions played a...

Ten things to know about Herbert Wigwe

Herbert Wigwe was born in Rivers State and had his education at the University of...

NIBSS suffers downtime, bank transactions affected

Alex Omenye   The Nigeria Inter-Bank Settlement System on Saturday encountered downtime, causing distress among...

Banks to pay customers money sent from abroad in naira

Following the recent directive by the Central Bank of Nigeria, restricting the operations of International...

Banks dollar sale drops as naira falls to N1,479

Data collected on Thursday from FMDQ Exchange indicated that the total value of transactions registered...

ESCAP urges urgent CBN MPC meeting to raise interest rates

The director of ESCAP Management, Esili Eigbe urged Olayemi Cardoso, the governor of the Central Bank of...

World Bank MD to visit Nigeria

By Christian George The World Bank’s Managing Director of Operations, Anna Bjerde, will visit Nigeria...

Bank directors support CBN selling excess currency

The Bank Directors Association of Nigeria has said it supports the move of the Central...

Why foreign investors are interested in Nigeria – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that Foreign Portfolio...

NAFEM: Dollar supply hits 180% as banks sell $440m

The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent increase in dollar...

Wema Bank awards N8m to 116 customers

Wema Bank’s 5 for 5 Promo Season 3 saw 116 clients win almost N8 million...

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