NDIC calls for effective judicial process to enhance financial stability
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated that the Nigerian Judiciary is a critical institution towards achieving the NDIC core mandate of depositor...
BDCs begin BVN validation on NIBSS portal
Bureaux De Change (BDC) operators have begun the validation of their customers Bank Verification Numbers (BVNs) on a portal created by the Nigeria Interbank...
Union Bank launch UnionKorrect
Barely a week after unveiling its new brand identity, Union Bank of Nigeria Plc has launched UnionKorrect a savings product which is aimed at...
FRC suspends Stanbic IBTC CEO, Chairman
The Financial Reporting Council of Nigeria (FRCN) has suspended the managing director and chief executive of Stanbic IBTC Plc, Sola David-Borha and its chairman,...
Union Bank Unveils new Brand Identity
Union Bank of Nigeria Plc has unveiled a new brand identity in Lagos, the new brand is in line with Union Bank strategic ambition...
Bailout: CBN suspends N213bn loan to Discos, Gencos
The Central Bank of Nigeria has suspended until further notice its disbursement of N213 billion in bailout funds to the electricity generation companies (Gencos)...
IMF Urges CBN To Review Forex Policy
As the foreign exchange market records further widening of the parallel market margin, the Director, African Department of International Monetary Fund, IMF, Ms Antoinette...
Africa needs N100b for infrastructure, says AfDB
Africa needs about N100 billion yearly to address its infrastructural challenges, the President, African Development Bank (AfDB), Dr. Akinwunmi Adesina, has said.
Adesina, who spoke...
Nigerian Banks Safe & Sound- CBN
The Central Bank of Nigeria (CBN) has assured Nigerian that the banking system is safe and sound, the director of banking supervision Mrs Tokunbo...
Heritage Bank to sell off enterprise subsidiaries
Following its acquisition of Enterprise Bank, the management of Heritage Bank Limited has said it intends to sell off the subsidiaries of the bank...
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Maida Promises Support for Meta on Undersea Cable Initiative
Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said the support of the Commission...
The Address Homes delivers another project, Ikoyi Crescent on Record time
In line with its tradition of providing regal and lavishly built luxury housing brands in its bid to bridge the gap in the housing...
Polaris Bank Enrols On PAPSS System
Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS).
The cross-border financial infrastructure empowers the Bank’s existing...
