About thirty seven Micro Finance Banks, MFB’s may soon seize to exist for not being able to meet necessary conditions. Mrs. Ronke Sokefun, chairman of the...
Banks’ non-performing loans stood at N1.2tn as of the end of June according to figures obtained from the Central Bank of Nigeria (CBN). This amounted to...
Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has frowned at intimidation, disruptions and molestation of its members across the country by local government ...
Nova Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion...
Calzada Limited, an investor, has petitioned the Central Bank of Nigeria (CBN), demanding full compliance with concession bid for the National Theatre earlier conducted in 2015....
The Naira dipped further on Thursday the dollar at the investor’s window, closing at N390.7 to a dollar from N388.7traded on Wednesday. At the parallel market,...
House of Representatives has resolved to investigate the Central Bank of Nigeria (CBN) over the difficulties Nigerians face in accessing its special intervention loans, especially that...
Federal government has announced plans to roll out a N2.3 trillion stimulus package and survival fund for Micro Small and Medium Enterprises (MSMEs) to stay afloat...
Nigeria Deposit Insurance Corporation (NDIC) has proposed stiff penalties for negligent directors of failed banks, toserve as a deterrent to officers and directors of banks, and...
Central Bank of Nigeria (CBN) has said, in line with international best practices and to avoid duplication of functions, it should retain exclusive right to the...
