The disclosure yesterday of plans by Central Bank of Nigeria (CBN) Governor Godwin Emefiele to pursue, among other objectives, the recapitalisation of the banking sector, have...
While the Central Bank of Nigeria (CBN) is yet to make a clear statement on the true solvency status of Diamond Bank, recent downgrade of...
Nervous crypt investors, National Daily learnt, are withdrawing their money to avoid their accounts being frozen following Union Bank’s decision to monitor and imposed restrictions on...
Ahead of the forthcoming general elections in 2019, the Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to guard against violation of...
There is palpable tension in the telecommunication sector following last week announcement by the Teleology Holdings Limited (THL) that the Nigerian communications Commission has handed...
The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday denied allegations by some Senators that it has reduced the $8.1bn the Nigerian...
The financial services sector was the most actively traded in the first half of the year with 48.8 billion shares valued at N531 billion traded...
A staffer of a new generation bank (names withheld) has been declared wanted for defrauding some customers of the bank to the tune N3 million. The...
The Central Bank of Nigeria (CBN) says customers should demand new naira notes from their respective banks and reject dirty ones. Speaking in Lagos on Thursday, Isaac...