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For the first time since February 2024, the Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5 per cent. CBN Governor...
The National Hajj Commission of Nigeria (NAHCON) has approved four banks to support and implement the Hajj Savings Scheme. Abdulbasit Abba, an official in the Information...
By David Torough, Abuja Africa’s Global Bank, United Bank for Africa (UBA) Plc has cemented its position as a leading customer-centric institution, emerging among the Top...
Securities and Exchange Commission (SEC) has called on banks to reinforce their corporate governance principles and risk management frameworks to boost investor confidence during the ongoing...
The Vice-President, Sen. Kashim Shettima has urged Nigerian Deposit Money Banks (DMBs) to ensure seamless availability of Naira notes to the banking public. Shettima made the...
The Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank...
The Securities and Exchange Commission (SEC) says more than N2.7trn has been raised in the capital market by banks and other companies. The Director-General of SEC,...
The Securities and Exchange Commission (SEC) says N1.682 trillion has been raised by banks through e-offering in the recapitalisation exercise. Dr Emomotimi Agama, the Director- General...
Investors’ sustained interest in Zenith Bank, FBN Holdings, Dangote Sugar and WAPCO, among other advanced equities, on Wednesday, further lifted the stock market by N167 billion....
By Tony Obiechina, Abuja Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso has said the new capital requirement for banks operating in the country...
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