ABUJA – Wema Bank said it had swung to a pretax profit of 3.6 million dollars (563 million naira) in the first nine months of the...
ABUJA – First Bank of Nigeria has selected Clydestone’s G-secure Authentication Platform to drive second level authentication on Card-Not-Present transactions. The initiative, which is in line...
WASHINGTON – The Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi has been conferred with the 2013 Emerging Markets Central Bank of the Year...
LAGOS – Skye Bank Plc, Standard Chartered Bank Limited, First Bank of Nigeria Limited and First City Monument Bank Plc, have provided a $100 million refinancing...
ABUJA – According to investigations, The Central Bank of Nigeria (CBN) defended the naira with $4.6 billion in two months. The funds were offered and sold...
ABUJA – The Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. This was contained in a statement signed...
ABUJA – Four Nigerian banks may lose N88 billion in revenue to the proposed phase out of Commission on Turnover, COT, charges. This may give rise...
ABUJA – Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN), yesterday said that “everyone that has money with Consolidated Discount Limited (CDL) will get a...
ABUJA – The Nigerian Stock Exchange (NSE) has restated its readiness towards achieving the set target of $1 trillion market capitalization by 2016. The NSE believes...
ABUJA – CBN’s Fourteen thousand ex-workers of non-consolidated banks in Nigeria have sued the Central Bank of Nigeria over the bank’s alleged refusal to pay their...
