Banking

CBN sells $543m to banks in September

The Central Bank of Nigeria (CBN) says it sold $543.5 million to authorised dealer banks between September 6 and September…

2 years ago

World Bank approves $500m loan for power, irrigation projects in Nigeria

The World Bank has approved a $500 million loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project…

2 years ago

CBN unveils electronic forex matching system to curb speculation

The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS) for foreign…

2 years ago

Access Holdings donates over N1bn to Maiduguri flood victims

 Access Holdings Plc, through its banking vertical – Access Bank Plc, has announced a donation of over N1 billion to…

2 years ago

UNGA: First Bank CEO Alebiosu charges world leaders on poverty eradication

The Chief Executive Officer of First Bank, Olusegun Alebiosu, has highlighted poverty eradication as a pressing concern that should keep…

2 years ago

CBN sells $20,000 to BDCs at N1,590/$

The Central Bank of Nigeria (CBN) has approved the sale of $20,000 to Bureau De Change (BDC) operators at the…

2 years ago

CBN raises interest rate to 27.25%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR)…

2 years ago

Fraud: EFCC set to begin prosecution of banks, top officials

The Economic and Financial Crimes Commission (EFCC) will soon commence the prosecution of banks and their top officials for financial…

2 years ago

Legacy Promo: UBA rewards 30 customers with N17m

Africa's Global Bank, United Bank for Africa (UBA) Plc., has rewarded 30 loyal customers with over N17 million in the…

2 years ago

Q4’24: Unity Bank projects N27bn earnings, targets N4bn profit

Unity Bank Plc. has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4,…

2 years ago

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