The Nigeria Deposit insurance Corporation (NDIC) has called on depositors who lost their money in any closed banks to file their claims through appointed 10 agent banks nationwide. The Managing...
The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan...
The Arewa Young Lawyers Forum (AYLF) has called on President Muhammadu Buhari to within 14 days disengage the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele over his...
The Central Bank of Nigeria(CBN) has alerted Nigerians to the circulation of fake 100 banknotes of Hong Kong Dollar (HK$100). According to the acting Director of Trade & Exchange Department...
The Federal Government is set to probe the 22 Money Deposit Banks operating in the country to determine how much they have gathered so far since they started collecting stamp...
As a mark of recognition for hard work, the Deputy Group Managing Director, United Bank for Africa Plc (UBA), and Chairman of UBA Pensions Custodians Limited, Mr. Victor Osadolor, has...
The total number of inactive bank accounts in Nigeria stand at 30.26 million despite efforts by banks to retain old customers and attract new ones. The accounts, activated by commercial...
The Director, Banking Supervision, Central Bank of Nigeria, Mrs. Agnes Tokunbo-Martins has urged banks and organisations who require risk management to review their framework regularly. She also disclosed that the...
One of Nigeria’s leading innovative financial institutions, Union Bank, has partnered with Ria Money Transfer (“Ria”), one of the largest money transfer companies in the world, to offer money transfer...
The Central Bank of Nigeria (CBN) has announced that, in continuation of its resolve to ease foreign exchange pressure on the strategics actors of the economy, it had granted access...