Banking

Banks begin payment of old N500, N1,000 notes

Some commercial banks have started paying customers old N500 and N1,000 notes on Monday, March 6. Some of the banks…

3 years ago

CBN replies IMF: Nigerian farmers’ve repaid N503bn loan

The Central Bank of Nigeria (CBN) has disclosed that the total repayment of loans under the Anchor Borrowers’ Programme (ABP)…

3 years ago

Zenith Bank gets CBN’s approval to operate as HoldingCo

The Central Bank of Nigeria (CBN) has granted an approval in principle to Zenith Bank to operate as a holding…

3 years ago

S’Court: Old N200, N500, N1,000 notes remain valid till December

The Supreme Court has ruled that the old N200, N500 and N1,000 notes remain legal tender till December 31, 2023.…

3 years ago

CBN rule forces out Zenith Bank’s Deputy Managing Director

The Deputy Managing Director of Zenith Bank Plc, Dr Adaora Umeoji has retired from the bank following the new tenure…

3 years ago

GTBank: We didn’t give any presidential candidate N500m new notes

Guaranty Trust Bank Limited (GTBank) has denied given any of the presidential candidate N500 million new notes to prosecute the…

3 years ago

CBN puts cumulative tenure of bank MDs, DMDs, EDs at 20 years

The Central Bank of Nigeria (CBN) has put the cumulative tenure of Managing Directors, Executive Directors, and Deputy Managing Directors…

3 years ago

CBN appoints Isa Abdulmumin as spokesman

The Central Bank of Nigeria (CBN) has appointed Isa Abdulmumin as the Acting Director of Corporate Communications Department of the…

3 years ago

ACAMB: Banks won’t shut down services for elections

The Association of Corporate Affairs Managers of Banks (ACAMB) says all bank branches and digital channels will be open for…

3 years ago

CBN: We’ll only reissue N200 old banknotes

The Central Bank of Nigeria (CBN) on Tuesday, February 21, 2023 stated that it would only stick to the directive…

3 years ago

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