She also saw that a circular purporting to be from June 10, 2024, was being disseminated again, informing the public that the Boards of Union, Keystone,...
If Nigeria's GDP tanks by 6.5% at a go, global ratings agencies like Fitch, Moody's, Standard and Poor, and others that have recently upgraded our economy...
The apex bank issued a warning, stating that an institution in default might face fines equal to at least two percent of its yearly revenue.
Remember that all commercial banks in the nation received an order from the CBN in December 2023 to prohibit Tier-1 accounts that are not connected by...
Speaking to the picketers, NUBIFIE President Anthony Abakpa said that the bank terminated the workers' employment without following the proper procedures and neglected to produce proof...
Aig-Imokhuede clarified that he was optimistic that the group's shareholders would assist the bank in its endeavor, given that the bank had declared its intention to...
The CBN circular said the minimum capital requirement for proposed banks shall be paid-up capital, adding that the new minimum capital requirement shall apply to all...
They contend that the knowledge and skills acquired in such institutions do not necessarily translate to practical application in the real world and that the time...
In a statement issued on Tuesday, WUCO, through its President and human rights lawyer, Mr. Clement Osuya, stressed that though the CBN’s directive may be well...
Commenting on the significant increase in the banks’ loan portfolio, David Adonri, Vice Chairman, Highcap securities, attributed it to the depreciation in Naira, which he said...