Banking

Senate confirms 5 Profs, Perm Sec, 2 others as CBN’s MPC members

The Senate at the Wednesday plenary confirmed the nomination of seven members of the Monetary Policy Committee of the Central…

4 years ago

MPC splits over policy, retains MPR at 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s Monetary Policy Rate (MPR) at…

4 years ago

Grid collapse: CBN earmarks N104bn to stabilise electricity supply

The Minister of Power, Abubakar Aliyu, has said that the Central Bank of Nigeria (CBN) has provided N104 billion ($250…

4 years ago

Fidelity Bank sensitizes customers on prospects in non-oil sector

The Central Bank of Nigeria's (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over…

4 years ago

BNCHs: CBN releases guidelines for cash collection centres

In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria (CBN) has released…

4 years ago

GTCO declares N221.5bn profit in 2021

Guaranty Trust Holding Company Plc. (GTCO Plc) has released its audited financial report for the year ending December 31, 2021.…

4 years ago

N26.6bn Fraud: Ex-Bank PHB Director, Adenmosun remanded in prison

Justice Daniel Osiagor of a Federal High Court in Lagos has ordered the remand of a former Director of Bank…

4 years ago

EFCC: How four Fidelity Bank officials stole N874m in 3 days

The Economic and Financial Crimes Commission (EFCC) on Wednesday, presented its second prosecution witness, PW2, Peter Ige, an Information System…

4 years ago

Zenith Bank’s gross earnings hit N765bn, profit rises to N280bn

Zenith Bank Plc has recorded gross earnings of N765.6 billion as at December 31, 2021 compared with N696.5 billion achieved…

4 years ago

UNILORIN secures CBN’s N600m to establish poultry farm

The University of Ilorin (UNILORIN) has secured N600 million loan from the Central Bank of Nigeria (CBN) to establish a…

4 years ago

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