The board and management of Diamond Bank seem to be at crossroads concerning a planned recapitalisation…
Money Market
ABCON seeks CBN’s support for its live trading platform
The Association of Bureau De Change Operators of Nigeria (ABCON) is soliciting the support of the…
FBNH posts N337.6 billion Gross Earnings in Q3, 2018
The big elephant’s impairment charge continue to be on the watch list as investors continue to…
Stanbic IBTC grew 58.62% PAT in Q3, 2018
Stanbic IBTC, a South African tier 1 financial institution in Nigeria released its financial results for…
Fidelity Bank’s profit rises 23.6% buoyed by lower impairment charge
Growth in earnings assets and decline in impairment charges on loans and advances helped Fidelity Bank…
Ecobank posts N75.7 bn PAT in Q3 2018
Ecobank Transnational Incorporated (ETI) released its financial results for the period ended 30th September 2018 on…
Polaris Bank ups the game, gains customers’ confidence
The initial upsurge in the number of panic-stricken depositors and customers in the defunct Skye Bank…
CBN gives recommendation on Naira’s value
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said that maintaining stable…
Stanbic IBTC deploys robotics for banking operations
Stanbic IBTC Bank, a member of the Stanbic IBTC Holdings Plc has launched another first in…
Emefiele to meet MTN, banks over $8.1bn repatriated funds
The Governor of the Central Bank of Nigeria, Godwin Emefiele, will meet with the representatives of…
CBN imposes jail term or N50,000 fine on abuse of Naira note
Bankers in the country have expressed their readiness to enforce the law against the abuse of…
CBN lists measures to sustain banking sector’s growth
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the adoption of risk-focused…
CBN to revoke Licences of 182 financial institutions
The Central Bank of Nigeria on Wednesday gave a notification to revoke the operating licences of…
CBN to examine new submissions and documentation over MTN transfer dispute
Nigeria’s Central Bank Governor Godwin Emefiele said on Tuesday he was optimistic the bank would…
CBN again holds rate at 14%
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), otherwise known…
FSDH advises retention of key rates as MPC meets
Ahead of the meeting of the Monetary Policy Committee of the Central Bank of Nigeria, which…
CBN withdraws Skye Bank’s license
The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank. CBN Governor,…