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Banking
293 posts
₦100 banknotes remain legal tender, says CBN
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has reiterated that both the commemorative ₦100 banknote…
CBN revokes licenses of 46 microfinance banks
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has revoked the operating licenses of forty-six (46)…
Alternative Bank unveils AltInstitute to deepen financial literacy
By Izuchukwu Mayor, Lagos The Alternative Bank has announced the launch of AltInstitute, an education platform built to…
CBN, FRACE deepen governance framework for non-interest banking
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance,…
CBN engages subnational gov’ts
. Reaffirms commitment to inflation targeting By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has emphasised…
FirstBank confirms Ijabiyi as Group Head, Marketing and Corporate Communications
By Stanley Onyeka, Lagos FirstBank of Nigeria has confirmed the appointment of Olayinka Ijabiyi as the substantive Group…
Bank customers lament ATM card hike, seek CBN’s intervention
Some bank customers in the Federal Capital Territory (FCT) have frowned upon the continuous increase in banks’ services…
FirstBank, Ekiti State launch Innovation Enterprise Support Fund
By Stanley Onyeka, Lagos West Africa’s premier financial institution, FirstBank, has announced its partnership with the Ekiti State…
Recapitalisation: ₦4.65trn raised as CBN concludes exercise to strengthen financial system resilience
By Tochukwu Bliss, Abuja A total of ₦4.65 trillion in new capital was raised as 33 banks operating…
30 banks meet recapitalisation targets, says CBN
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has said that as of Friday, 30 Nigerian…