Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article...
Central Bank of Nigeria (CBN), has alerted Nigerians of counterfeit naira notes in circulation amid reports of currency shortage in the country. The apex bank in...
International Air Transport Association (IATA) has warned the Central Bank of Nigeria that some foreign airlines may be forced to quit the Nigerian aviation market if...
Some banks with international authorisation have a capital adequacy ratio below the regulatory threshold, according to Central Bank of Nigeria (CBN). The banking regulator disclosed this...
Nigeria Deposit Insurance Corporation (NDIC), is prepared to wield the big stick in its ongoing efforts to recover over N400 billion owed by debtors of failed...
Central Bank of Nigeria (CBN) has ordered banks to issue and accept both old and redesigned Naira banknotes as legal tender. This follows the order of...
Supreme Court has ruled that both the old and the redesigned Naira banknotes remain valid legal tenders in the country beyond December 31. The apex court,...
Dr Ken Opara, president, Chartered Institute of Bankers of Nigeria (CIBN) has said that there was a need for the creation of a specialised court to...
Central Bank of Nigeria (CBN) has mandated commercial and merchant banks to begin debiting various loan defaulters as it seeks to build back a better financial...
Mr Yemi Cardoso, Governor of Central Bank of Nigeria CBN, has stated that the apex bank will soon introduce a new set of foreign exchange laws...
