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Friday, February 23, 2024

CBN readmits UBA into forex market

The Central Bank of Nigeria on Wednesday said it had re-admitted the United Bank for Africa into the foreign exchange market. The directive, according...

NDIC advocates alternative funding for FSS 2020

The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has advocated for alternative funding for the activities of the...

BDCs: Banks shun CBN $50,000 sale directive

Deposit Money Banks are yet to comply with the Central Bank of Nigeria (CBN) directive asking them to sell $50,000 from Diaspora remittances to...

Buhari wants Islamic bank funds to rebuild North-East

The Federal Government has called on the Islamic Development Bank to assist in implementing some of its intervention programmes in the North-East that had...

SunTrust Bank targets over 100 million unbanked Nigerians

The Chief Executive Officer, SunTrust Bank Limited, the latest commercial bank licensed by the Central Bank of Nigeria, Mr. Muhammed Jubrin, says the lender...

Access Bank declares 25 kobo interim dividend for 2016 half year

Access Bank Plc has joined the likes of Zenith Bank Plc and Guaranty Trust Bank Plc that rewarded their existing shareholders with an interim...

Sterling Bank introduces Diaspora services

Sterling Bank Plc has announced the launch of the Sterling Diaspora Services for Nigerians based outside the shores of the country. The lender said...

NDIC pays N2.9 billion to 81,328 failed MfBs depositors

The Nigerian Deposit Insurance Corporation (NDIC) said it has paid N2.9 billion to 81,328 insured depositors of failed Microfinance Banks (MfBs) across the country...

Skye Bank not distressed, says CBN

The Central Bank of Nigeria (CBN) has defended the liquidity position of Skye Bank Plc, saying the lender is neither distressed nor liquidated. In a...

NDIC Urge Jaiz Bank to Uphold good corporate governance

The management of Jaiz Bank Plc has been advised to strengthen its corporate governance in order to weather the storm of economic challenges that...

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VFD Group’s Executive Director Adeniyi Adenubi Inspires the Next Generation of Entrepreneurs at the...

Adeniyi Adenubi, Executive Director of VFD Group and a Nigerian Financial & Investment Expert, spoke with students at the Nigerian University of Technology and...

WINBAFRICA Sets To Empower Women, Scholarships For Girl Child In Africa …Celebrates 10th Year...

In its 10th year of dedicating and promoting girl-child education and empowering women and young girls in critical thinking and leadership skills in secondary...

Senate Approves Appointment of CBN MPC Members

Ahead of the Monetary Policy Committee (MPC) meeting next week, the Senate has confirmed the appointments of 12 members that President Bola Ahmed Tinubu...