The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has voted to maintain the Monetary…
Category: BANKING
GTCO Launches Second Edition of #BeatTheDistance Initiative, Donating 3,000 Bicycles Across Six States in Nigeria
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced the 2026 rollout of its…
World Bank: Poverty Still Threatens 79% of Nigerians Despite Reforms
Nearly three years after the Federal Government introduced sweeping economic reforms, the World Bank reports that…
GTCO Expands #BeatTheDistance Initiative, Distributes 3,000 Bicycles Across Six Nigerian States
Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has announced the rollout of its social…
EFCC Arraigns Ex-Banker for Alleged N294.5m Theft in Lagos
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Thursday, July…
CBN Reaffirms ₦100 Standard and Commemorative Notes as Legal Tender
The Central Bank of Nigeria (CBN) has reiterated that both the standard ₦100 banknote and the…
Elumelu To Step Down As UBA Chairman, Nnorom Named Successor
United Bank for Africa (UBA) has announced that its Group Chairman, Tony Elumelu, will conclude his…
CBN Revokes Licences of 46 Microfinance Banks
The Central Bank of Nigeria (CBN) has officially revoked the operating licences of 46 microfinance banks…
Federal Government Refutes Claims of New Telecoms and Fuel Taxes
The Federal Government has formally denied reports alleging that it has introduced or is considering new…
Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa — IMF
A newly released report by the International Monetary Fund (IMF) has said that stablecoins now form…