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Loan Scandal: Central Bank Of Nigeri Browbeats Banks As ETISALAT Proposes Paying Only 10% Of Bad Loans

The crisis confronting debt-ridden Etisalat, one of Nigeria’s biggest telecom companies, took a disturbing turn yesterday, with the Central Bank of Nigeria (CBN)...

Industrialisation: CBN tasks states to set up Bank of Industry

The Central Bank of Nigeria (CBN) has advised states without a Bank of Industry to facilitate the establishment of one in order to speed up industrialisation and other...

Public Announcement

Further to our press statement of yesterday, we are pleased to inform our valued customers, stakeholders and business partners as well as the general public that the...

Heritage Bank CEO Highlights Success Factor For CBN Youth Fund Beneficiaries

Managing Director/Chief Executive Officer of Heritage Bank Plc, Mr. Ifie Sekibo has identified “character” as the success factor for the 1,500 youths participating...

JUST IN: All banks now free to be primary FX dealers, says CBN

The Central Bank of Nigeria (CBN) has moved to douse fears of the emergence of a cartel in the new foreign exchange market, declaring the door open to all banks to...

FirstBank Gets $13.745m Forex Allocation from CBN

The latest returns on forex utilisation for FirstBank Nigeria Limited have shown that the bank was allocated $13,745,768.19 by the Central Bank of Nigeria (CBN) last...

CBN Cashless CardExpo Africa holds June 14, to focus on retail payment

The biggest Card, e-Payment and Identification Exhibition in Africa, tagged: CBN CASHLESS CARDEXPO is set to hold the 16th edition at the prestigious Eko Hotel and...

Forex Allocation: First Bank Leads, As CBN Sells $669m to Banks in April

As the Central Bank of Nigeria (CBN) continues with its demand management in the allocation of foreign exchange (forex) to end users in the economy, returns on forex...

Oshiomhole Condemns Call for Emefiele’s Sack *Faceless economic saboteurs and “palm wine drinkers” behind it

Edo State Governor, Adams Oshiomhole has described those calling for the sack of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,  as faceless...

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