Banking
CBN Releases $500 Million to Tackle Forex Transaction Backlog
The Central Bank of Nigeria (CBN) has taken a significant step in addressing the backlog of verified foreign exchange transactions...
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AfDB Announces Launch of $2bn Social Global Bond
The African Development Bank (AfDB) made a significant stride in sustainable financing on Monday as it announced the launch and...
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Afreximbank and UBA Disburse $2.25bn of $3.3bn Oil-for-Cash Loan to NNPC
In a collaborative effort, the African Export-Import Bank (Afreximbank) and the United Bank for Africa (UBA) have successfully disbursed $2.25...
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CBN Discloses Reasons for Dismissing Boards of Union, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has taken a decisive step by dissolving the boards of Union Bank of Nigeria,...
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Top Story: CBN Dismisses Boards of Union, Titan, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has announced the immediate removal of the entire Board of Directors of Polaris, Titan,...
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Access Bank Urges Customer to CBN Loans
Access Bank has issued a call to its customers, urging them to promptly settle any outstanding debts acquired under the...
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Access Bank Expands Footprint with Acquisition of Atlas Mara Bank, Zambia.
Access Bank has successfully acquired African Banking Corporation Zambia Limited, operating under Atlas Mara Zambia. The announcement was made in...
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Sanctions Loom for 3 Million Bank Accounts Without BVN or NIN
Millions of bank accounts in Nigeria are at risk of being blocked as the Central Bank of Nigeria (CBN) deadline...
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CBN Releases Strict Guidelines for Cryptocurrency Operations For Banks
In a decisive move addressing the evolving landscape of digital currencies, the Central Bank of Nigeria (CBN) has issued a...
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CBN Orders Banks to Initiate Loan Recovery for COVID-19 Support
Nigerian banks have embarked on the process of reclaiming loans disbursed to individuals and businesses as part of the COVID-19...
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Popular Story
New AI Undressing Tool Raises Concerns About Privacy and Regulation.
Bitcoin Tests $80,000 Resistance as It Remains Range-Bound Ahead of FOMC Decision
Nigeria consumer inflation falls slightly to 11.25 pct in March – stats office
CBN Clarifies Rules on Capital Importation Certificates for Forex Repatriation and Divestment
Cement Price Surges to N12,000 per Bag, Raising Fears of Deeper Housing Crisis
