Nigeria Deposit Insurance Corporation (NDIC) is working on a winding-up rule that will allow it to take down failing institutions, according to Bello Hassan, managing director...
Central Bank of Nigeria has denied claims that it plans to redenominate the country’s currency Naira, with effect from January 2023. The apex bank stated this...
President Bola Tinubu, the Central Bank of Nigeria (CBN), the Debt Management Office (DMO) and four others have been dragged before a Federal High Court in...
Coalition for Transparency and Economic Reforms (COTER), pro-transparency group, has raised the alarm on a thick plot to derail the ongoing probe by the Federal Government...
Central Bank of Nigeria (CBN), is about to probe and sanction Deposit Money Banks (DMBs), that are currently sabotaging government’s effort to halt the free fall...
A phony bank alert fraud can have serious financial and emotional consequences, according to a report by howng.com, a veritable online news platform. Victims may suffer...
A Lagos Federal High Court has ordered First Bank of Nigeria (FBN) Plc to pay the sum of N2,937,925,388.52 billion, to the Federal Airports Authority of...
Central Bank of Nigeria (CBN) has said it will monitor the level of compliance by Deposit Money Banks (DMBs) in accordance with its recently issued circular...
House of Representatives yesterday mandated its Committee on Banking Regulation to investigate the use of the United States dollar and other foreign currencies as legal tender...
Central Bank of Nigeria (CBN) last week debited commercial banks over N700 billion (as surveyed), speculatively based on Lending Deposit Rate (LDR) guidelines, which depleted liquidity....
