LAGOS – The shareholders of Union Bank of Nigeria Plc approved the Board of Directors resolution to raise the sum of US$750,000,000 medium term funding (capital)...
PARIS – Ingenico Group and the GIM-UEMOA celebrate ten years of partnership. This historic collaboration sparked the development of electronic payment systems across the West African...
ABUJA – The Bankers’ Committee yesterday said it was in support of the Central Bank of Nigeria’s (CBN) policy to gradually reduce both lending and deposit...
VIENNA — Austria’s draft law on restructuring heavily indebted Hypo-Alpe-Adria Bank International AG could lead to higher financing costs for the country’s banks and damage investors’...
ABUJA – The Central Bank of Nigeria (CBN) yesterday issued a 46- day ultimatum for the banks to refund billions of naira trapped in ATM transactions to...
LAGOS – The Nigerian Stock Exchange, NSE, has imposed N19.6 million fine on Aso Savings and Loans Plc, Ikeja Hotels Plc and five other quoted companies...
ABUJA – Some bank officials in the Federal Capital Territory on Wednesday supported the Central Bank of Nigeria Governor, Mr Godwin Emefiele’s efforts to strengthen the...
LAGOS – Six commercial banks paid N392.77 million in fines to the Central Bank of Nigeria (CBN) in 2013 for contravening various aspects of Banks and...
ABUJA – African Development Bank has approved a 100 billion dollars infrastructure fund to fast track the continent’s industrial development. Dr Ousmane Dore, Nigeria Country Director of...
ABUJA – The Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, unveiled his agenda, vowing to blacklist all fraudulent bank debtors and block them...
