ABUJA – The Central Bank of Nigeria has revoked the license of Express Discount Limited; a financial institution based in Lagos. Director of Banking Supervision of...
PORT HARCOURT – The Deputy Project Leader of the Central Bank’s cashless policy, Eme Eleonu has urged the people of Rivers state to embrace the cashless policy...
LAGOS – The Central Bank of Nigeria (CBN) has stated that the Chief Executive Officers (CEOs) of banks in the country have indicated their preference for...
ABUJA – Minister of Finance, Dr. Ngozi Okonjo-Iweala Minister of Finance on Monday said it had recovered N34bn out of the N58bn of its revenue trapped...
LAGOS – The Central Bank of Nigeria (CBN) is set to roll out the cash-less policy nationwide by January, 2014. The policy was extended to Abia,...
ABUJA – Organised Labour yesterday shut down operations at Unity Bank’s head office in Abuja, and branches in Lagos and other state capitals in protest against...
LAGOS – First Bank of Nigeria Limited has signed a G-secure Authentication Platform agreement with Clydestone Nigeria Limited to drive second level authentication on Card-Not-Present transactions...
ABUJA – The cost of borrowing among commercial banks reduced last week due to inflow of funds into the banking system. According the FSDH Merchant Bank...
JOHANNESBURG – The South African Reserve Bank on Sunday said there were no general security problems with the new Mandela bank notes. Reports have indicated the...
LONDON – Thirteen Nigerian banks made the list of this year’s Top 1000 World Banks Ranking of The Banker magazine of the Financial Times Group, London,...