A former Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has said he…
Category: BANKING
CBN Reports High Remittance Inflows Of $553m For July 2024
The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553m…
Guaranty Trust Fund Managers Limited Launches Guaranty Trust Investment Fund 724
Guaranty Trust Fund Managers Limited (“GTFML” or the “Fund Manager”), the asset management subsidiary of Guaranty…
Benefits of Banking, Regulations & Policies In Nigeria, Veracity Desk
A big benefit of using a bank is that there are several types of bank accounts…
World Bank Approves Fresh $1.57bn Support Fund For Nigeria
The World Bank has approved three operations for a total of $1.57bn to support the Federal…
AfDB, Partners To Fund Nigeria’s Agro-Industrial Zones With $1bn
The African Development Bank (AfDB) and its partners have voted $1 billion to fund special agro-industrial…
Cardoso lures foreign investors with historic OMO yields
The Central Bank of Nigeria (CBN) on Thursday sold 364-day OMO bills — patronised by banks…
FBN Holdings: Femi Otedola Acquires More N16.2bn Shares To Further Increase Stake
Femi Otedola, the chairman of First Bank of Nigeria (FBN) Holdings and majority shareholder, has further…
Breaking: Offa 2018 Bank Robbery: Court Sentences All Suspects To Death By Hanging
Justice Haleemah Salman of the Kwara State High Court has found the five suspects involved in…
Rate Hikes: Nigerians Now Have Greater Incentive To Hold Naira, Says CBN
The Central Bank of Nigeria (CBN) says its multiple interest rate hikes last year have helped…