Banking sector’s credit to private sector rose to N25.47tn in September, setting a new record for the year, a new report by the Central Bank of...
The objective of central bank of Nigeria to have 70 per cent of its adult population in the formal financial services sector by 2020 through its...
Central Bank of Nigeria (CBN) has said that it is collaborating with the Nigeria Communication Commission (NCC) and other data gathering agencies to get additional data...
Central Bank of Nigeria (CBN) has revoked the operating licences of no fewer than 153 Micro-Finance Banks (MFBs) and six Primary Mortgage Banks (PMBs), This...
Central Bank of Nigeria (CBN) has completely prohibited individuals and local firms from investing in both its primary and secondary Open Market Operations (OMO) auctions. ...
Mr. Kennedy Uzoka, group managing director/chief executive officer of Pan African financial institution, United Bank for Africa (UBA) Plc has won the much coveted ‘BusinessDay’s Bank...
Following the registration of a N30 billion debt issuance programme with the Securities and Exchange Commission of Nigeria, Interswitch Limited, a leading technology-driven company focused on...
Standard Chartered and International Financial Corporation (IFC), a member of the World Bank Group, have established a US$1.0 billion facility to boost trade finance in emerging...
Indication has emerged that majority of the banks in Nigeria and indeed the world over “are not in great shape” or economically viable to withstand imminent...
United Bank for Africa Plc, the pan African financial institution with a network that spans 20 African countries, the United Kingdom, the USA and with presence...