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Category: Banking & Finance

Chartered Institute names MCO DG, Engr Simon Nkom ‘Best Public Servant in Nigeria’

Banking & Finance September 1, 2024September 1, 2024 Precious Owanyi Odigiri 0 Comments

    The Chartered Institute of Management and Leadership (CIML), Commonwealth, Kentucky, USA, has bestowed its ‘Best Public Servant Leader […]

CBN sacks NIRSAL executive directors

Banking & Finance September 1, 2024 Esther Istifanus 0 Comments

  The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk […]

BREAKING: NDPC fines Fidelity Bank N555.8m for data breach

Banking & Finance August 21, 2024 Esther Istifanus 0 Comments

The National Data Protection Commission has fined Fidelity Bank a total sum of N555.8m for infractions relating to breaches of […]

Stock market rebounds, gains N66bn

Banking & Finance, Economy August 21, 2024 Akan Victor 0 Comments

THE Nigerian equity market, on Tuesday, recovered from the previous session’s decline, recording a N66 billion gain. Investor interest in […]

UAE-based Company lodges ‘extortion claim’ against Ecobank

Banking & Finance August 9, 2024 Esther Istifanus 0 Comments

A United Arab Emirate based Company, Agrico Agbe has lodged extortion claims with the Central Bank of Nigeria against Ecobank […]

Just In: CBN sells $148m to 29 authorised dealers

Banking & Finance July 26, 2024 Akan Victor 0 Comments

The Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign […]

Sustained CBN’s monetary policy integral to strengthening Naira – Gwadabe

Banking & Finance March 29, 2024 NAN 0 Comments

The President, Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadabe, says recent monetary policy decisions of the Central […]

CBN gives banks 24 months to recapitalise

Banking & Finance March 29, 2024 Jerry Adaji 0 Comments

Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the […]

Nigerian records $1.5bn FX inflows on reforms – CBN

Banking & Finance March 29, 2024 AbdulJelil Adabara 0 Comments

The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few […]

Equity sheds N289bn

Banking & Finance March 25, 2024 Francis Kadiri 0 Comments

The Domestic equity market on Monday opened bearish, shedding N289 billion.  as profit taking activities persisted in the market coupled […]

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