A file photo of INEC chairman, Prof Mahmood YakubuThe Independent National Electoral Commission (INEC) has proposed…
Category: BANKING
CBN Stops Extension Of Export Proceeds Repatriation
The Central Bank of Nigeria (CBN) has announced the suspension of approvals for the extension of…
GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion
Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce…
Old ₦1000, ₦500, ₦200 Notes Remain Legal Tender With No Deadline, Says CBN
The Central Bank of Nigeria (CBN) has reiterated that all versions of the naira, including the…
CBN Imposes N150m Fine On Banks Releasing New Notes To Hawkers
The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks…
CBN Honours OPay For Financial Inclusion Innovation
Nigeria leading financial institution OPay has been recognised with the prestigious International Financial Inclusion Conference (IFIC)…
CBN Denies Claim Alleging Approval Of Sales Of Forex To BDC Operators
The Central Bank of Nigeria (CBN) has debunked reports that claimed it has approved the sale…
Naira Scarcity In Banks Fuels Fear Of Exploitation By PoS Agents In Nigeria
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide…
CBN’s Bloomberg BMatch System Spurs Naira Recovery to N1,515/$
The Central Bank of Nigeria’s (CBN) directive mandating banks operating in the interbank FX market to…
Senate Distances Self From Suspending Debate On Tax Reform Bills As Southern Senators Meet
The South-South caucus of the Senate has held an emergency meeting to bolster support for the…