Banking

CBN offers $876m to forex market, pledges more liquidity support

The Central Bank of Nigeria (CBN) has offered $876 million to the foreign exchange (forex) market to fulfil bids submitted…

1 year ago

CBN approves Providus, Unity Bank merger

The Central Bank of Nigeria has approved the merger between Providus Bank Limited and Unity Bank Plc. This was announced…

1 year ago

First Bank wins Euromoney award for best ESG investments

First Bank has emerged as the winner of the 2024 Euromoney Award for its contributions and commitment to Environmental, Social,…

1 year ago

Zenith Bank to raise N290bn via rights issue, public offer

Zenith Bank Plc has announced its readiness to raise N290 billion through a combination of a Rights Issue and a…

1 year ago

Access Bank wins best bank for ESG at Euromoney Awards

Access Bank has been named Nigeria’s Best Bank and Ghana’s Best Bank for Environmental, Social, and Governance (ESG) at the…

1 year ago

CBN sells $148m to 29 authorised dealers at N1,470/$

The Central Bank of Nigeria (CBN) has sold $148 million to 29 authorised dealers in the Nigerian Foreign Exchange Market…

1 year ago

CBN raises interest rate to 26.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), which benchmarks interest rates, to 26.75 per…

1 year ago

Access Bank UK holds Polo Day to raise education funds

Access Bank UK Limited has concluded arrangements to host its annual Polo Day at Guards Polo Club, Windsor in the…

1 year ago

Forex: CBN sells $106.5m to 29 dealers at N1,498/$

The Central Bank of Nigeria (CBN) has commenced regular sales of foreign exchange through authorised dealer banks and licensed Bureaux…

1 year ago

Unity Bank customers win over N4m in Cashtoken Rewards promo

No fewer than 40 Unity Bank customers have won over N4 million in cash rewards in its ongoing loyalty programme…

1 year ago

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