Nova Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion...
Calzada Limited, an investor, has petitioned the Central Bank of Nigeria (CBN), demanding full compliance with concession bid for the National Theatre earlier conducted in 2015....
The Naira dipped further on Thursday the dollar at the investor’s window, closing at N390.7 to a dollar from N388.7traded on Wednesday. At the parallel market,...
House of Representatives has resolved to investigate the Central Bank of Nigeria (CBN) over the difficulties Nigerians face in accessing its special intervention loans, especially that...
Nigeria Deposit Insurance Corporation (NDIC) has proposed stiff penalties for negligent directors of failed banks, toserve as a deterrent to officers and directors of banks, and...
Central Bank of Nigeria (CBN) has said, in line with international best practices and to avoid duplication of functions, it should retain exclusive right to the...
Central Bank of Nigeria (CBN) has requested statutory powers to freeze accounts linked to criminals in the country. The apex bank has also called for the...
The House of Representatives is to investigate the Federal Ministry of Finance and the Central Bank of Nigeria (CBN) for engaging in extra budgetary spending of...
Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that would enable banks to debit account of loan defaulters without recourse to...
Bank of Industry (BOI) is reviewing strategies to ensure continuous support for enterprises, especially those hard hit by the COVID-19 pandemic. Specifically, it is deepening penetration...