Banking

CBN restricts BDCs to one bank for weekly purchase of $25,000

The Central Bank of Nigeria (CBN) has issued new guidelines directing Bureau de Change (BDC) operators to purchase foreign exchange…

2 years ago

CBN extends forex sale period to BDCs

The Central Bank of Nigeria (CBN) has extended the foreign exchange (forex) sale period to Bureau de Change (BDC) operators…

2 years ago

Access Bank appoints Uche Orji as non-executive director

Access Bank has appointed Uche Orji as the bank’s Independent Non-Executive Director, effective from January 7, 2025. Access Bank announced…

2 years ago

Access Bank bags THISDAY’s ‘Global Bank of the Year’ award

Access Bank Plc has been honoured with the THISDAY Global Bank of the Year award for 2024. The Chairman of…

2 years ago

Sacked officials cry foul against discrimination in CBN

As part of the fall out of the ongoing staff rationalisation exercise in the Central Bank of Nigeria (CBN), over…

2 years ago

Zenith Bank raises N350.4bn via rights issue, public officer

Zenith Bank Plc has raised N350.4 billion through its recently concluded hybrid rights issue and public offer. Zenith Bank disclosed…

2 years ago

Tax Regime: UBA hosts Knowledge Series for SMEs, business owners

United Bank for Africa (UBA) Plc. is set to host a Knowledge Series webinar specifically dedicated towards informing and educating…

2 years ago

CBN announces new compliance department, projects 4.17% GDP

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has announced plans to establish a Compliance Department by…

2 years ago

Alleged N76bn fraud: EFCC arraigns ex-AMCON MD, 4 others

The Economic and Financial Crimes Commission (EFCC) has arraigned the former Managing Director of Asset Management Cooperation of Nigeria (AMCON),…

2 years ago

NCC orders telcos to disconnect 9 banks from USSD over debts

The Nigerian Communications Commission (NCC) has ordered telecommunication companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to…

2 years ago

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