Banking & Finance
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CBN restricts weekly cash withdrawal for individuals to N100k, N500k weekly for companies
According to a new memo to banks issued on Tuesday and signed by the Director of Banking Supervision, Haruna .B.…
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NFIU flags N150trillion transactions, EFCC tracks politicians
The Nigeria Financial Intelligence Unit has flagged suspicious transactions valued at over N150tn between January and March 2022, according to…
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Signature Bank commences operations, to move to Port Harcourt, other cities
Former Group Managing Director (GMD) of the defunct Diamond Bank Dr Alex Otti and some of his friends have floated…
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Naira redesign: CBN replies Minister
The Central Bank of Nigeria (CBN) has officially responded to the Minister of Finance, Budget and National Planning‘s claim that she was…
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Naira redesign: Zainab Ahmed disowns Godwin Emefiele
Minister of Finance, Budget, and National Planning, Zainab Ahmad, has disassociated her ministry from the planned move by the Central…
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CBN Spent N281 Billion printing new notes as latest Banknotes begin circulating December 15
The Central Bank of Nigeria, CBN, has unveiled plans to redesign the banknotes and withdraw old ones and said the…
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Polaris Bank gets new Owner, Acting Managing Director/ CEO, Board
The identity of the new owner of the Polaris Bank emerged yesterday as more details about the N50 billion transaction…
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Meet Nigeria’s Top Female Bank CEOs
2021 opened the floodgates for women in banking to mount the saddles otherwise occupied by men in the ecosystem Men…
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NDIC says 467 insured Banks have been liquidated
The Nigeria Deposit Insurance Corporation (NDIC) says it has liquidated 467 insured banks since its inception in a bid to stabilize…
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UBA, Access banks adjust closing hours
United Bank of Africa (UBA) and Access Bank have announced adjustments in hours of operation at some of their branches.…
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