Banking & Finance
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Over N1 Trillion Vanishes as in Nigeria Unregistered Crypto Platform CBEX Collapses
significant number of Nigerians have expressed outrage and recounted substantial financial losses on social media following the alleged collapse of…
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Rest in peace, Pascal Dozie: Founder of Diamond Bank, pioneer chairman of MTN Nigeria
Nigeria has lost a towering figure in its financial and telecommunications sectors with the passing of Pascal Dozie at the…
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Economic Concerns Mount as Nigeria’s Public Debt Reaches N144.67 Trillion
Nigeria’s total public debt reached N144.67 trillion ($94.23 billion) as of December 31, 2024, marking a substantial 48.58 percent increase…
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Heritage Bank: NDIC to commence payments of uninsured deposit balances
The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant acceleration in the liquidation process of the defunct Heritage Bank,…
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Access Holdings names Acting Group Chief Executive Officer
Several days after the sudden death of the former Group Chief Executive Officer, Access Holdings Plc, Dr. Herbert Wigwe, the…
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Central Bank of Nigeria: 1,500 redeployed staff resume at Lagos office
About 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following…
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Sterling Bank announces strategic change on BOD, appoints new chairman
Sterling Bank Limited has announced a strategic change on its Board of Directors, with Olatunji Mayaki as the new Chairman…
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Supreme Court rules that Old, new naira notes remain legal tender till further notice
The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist…
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Old, new naira notes remain legal tender – CBN
The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and…
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CBN Debits First Bank, GTB, UBA, Zenith, 6 Others N1.62trn
For failing to meet the 32.5% Cash Reserve Ratio (CRR) threshold, the Central Bank of Nigeria (CBN) has debited about…
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