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Category: Banking & Finance

Nigeria Received Over 40% Remittance To Sub-saharan Africa In 2020: World Bank

Banking & Finance, Economy May 13, 2021 Abdullahi Mohammed 0 Comments

World Bank report says officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, 1.6 per […]

FBN: I Acted in Honour, Integrity, Says Awosika

Banking & Finance, Economy May 2, 2021 Abdullahi Mohammed 0 Comments

The sacked Chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has said she acted in truth and honesty in […]

Finance Minister Lauds NEXIM Bank For Profitability, Intra-Africa Trade Initiatives

Banking & Finance April 30, 2021April 30, 2021 Francis Kadiri 0 Comments

The Minister of Finance, Budget and National Planning, Dr Mrs Zainab Shamsuna Ahmed says the Management of the Nigeria Export […]

Bank Marketing: Gbajabiamila condemns corporate prostitution

Banking & Finance, Business, Economy, News April 27, 2021 Abdullahi Mohammed 0 Comments

The Speaker of the House of Representatives, Femi Gbajabiamila, has expressed concern about the exploitative ways banks use their female […]

CBN to sanction banks, BDCs rejecting lower dollar bills

Banking & Finance, Business, Economy April 22, 2021 Abdullahi Mohammed 0 Comments

Deposit Money Banks (DMBs) and authorised Bureau De Change (BDC) operators who reject old and lower denomination of the United […]

Senate Approves Buhari’s Fresh Loan of $1.5b, €995m Amid Rising Debts

Banking & Finance, Big story, Business, Economy, News, Politics April 22, 2021 Abdullahi Mohammed 0 Comments

Despite public concerns about Nigeria’s rising debts, the Senate yesterday approved fresh external loans of $1.5 billion and €995 million […]

How NDIC won N1.4bn debt recovery case against debtors of defunct Gulf Bank

Banking & Finance, Economy February 27, 2020 Francis Kadiri 0 Comments

  In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria […]

How establishment of Polaris Bank preserved 6000 jobs, NDIC reveals

Banking & Finance, Big story November 13, 2018November 13, 2018 Francis Kadiri 0 Comments

    As a result of the implementation of the bridge bank resolution option that established Polaris Bank which assumed […]

Payroll scam: Adeosun commends EFCC, PICA for arraigning suspects

Banking & Finance, Big story November 4, 2017 Francis Kadiri 0 Comments

The Minister of Finance, Mrs. Kemi Adeosun has commended the team running the Presidential Initiative on Continuous Audit (PICA) for […]

Nigeria won’t be reckless with foreign borrowings, says Finance Minister

Banking & Finance October 17, 2017 Francis Kadiri 0 Comments

Minister of Finance, Mrs. Kemi Adeosun on Sunday said Government would not be reckless with foreign borrowings as it maintains […]

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