Central Bank of Nigeria (CBN) has issued a new directive to all Deposit Money Banks (DMBs) introducing a reduction in the loan-to-deposit ratio (LDR) to 50...
United Bank for Africa (UBA) has said that it will seek shareholders’ approval at the company’s 62nd annual general meeting (AGM) to raise capital. The AGM...
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services. NIMC made...
An Ikeja Special Offences Court presided over by Justice Rahman Oshodi has granted Godwin Emefiele, former Central Bank of Nigeria (CBN) Governor N50m bail. This is...
Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for naira loans. This was contained in a circular dated April 8, 2024...
National Identity Management Commission (NIMC) has appointed SecureID, a Lagos-based company as first manufacturer of AfriGo Card, the national domestic card scheme, an innovative identity solution...
National Identity Management Commission (NIMC), in collaboration with Nigeria Inter-bank Settlement System (NIBSS) and the Central Bank of Nigeria (CBN), is set to launch an improved...
The Association for Information and Communication Technology on Local Content (ICTLOCA) has emerged as a prominent voice in Nigeria’s digital landscape, advocating for the promotion and...
Some Nigerians who benefited from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF) have failed to pay N261.07bn out of...
Central Bank of Nigeria, CBN, said over $1.5bn inflow into the country has been recorded in the past few days. This development, the apex bank’s Acting...
