…..Says breach of section 19 tantamount to revocation of licence. The Central Bank of Nigeria (CBN) is set to commence a surveillance scheme for Microfinance Banks...
LAGOS — The Central Bank of Nigeria (CBN), Monday, resumed foreign exchange sales, with $150 million sold to banks in the first foreign exchange auction of...
UNITED STATES: Bank of America will pay Fannie Mae a $3.55 billion cash settlement and repurchase a portfolio of residential mortgage loans for $6.75 billion, in...
ABUJA: The Central Bank of Nigeria (CBN) has announced that the nation’s external reserve has dropped by 80 million dollars (about N12.4 billion). The drop, reported...
LAGOS – The Central Bank of Nigeria (CBN) has directed the 16 Mobile Money Operators (MMOs) in the country to fully connect to the National Central...
LAGOS: Fraudulent transactions through the Automated Teller Machines, ATM, have been reduced by 99 per cent within the last one year, Mr. Emmanuel Obaigbona, Chairman, Nigerian...
By LAZARUS IBEABUCHI ABUJA: Standard & Poor’s Ratings Services has rated Guarantee Trust Bank (GTBANK) Plc BB- with outlook stable. S & P said the outlook...
By Lazarus IBEABUCHI Contrary to agitations that religious bodies should be exempted from taxation, the Financial Reporting Council said that religious bodies and not-for-profit organizations are...
By Lazarus IBEABUCHI Standard & Poor’s Ratings Services has scored Zenith Bank Plc BB- with outlook stable. S & P said Zenith Bank, a leading top-tier...
By Lazarus IBEABUCHI LAGOS: Nigeria will be sufficient in the production of tin tomato pastes by 2013 as production of Tomatoes will grow by 1000 per cent...
