COVID-19: CBN approves N50bn credit facility to SMEs, households

The Central Bank of Nigeria (CBN) has disclosed the guidelines that must be followed by individuals…

Monetary Policy Committee retains MPR at 13.5 per cent

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained Monetary Policy Rate…

Union Bank directs staff to work from home

Union Bank has instructed their workers , nationwide, as cases of Coronavirus increase in Nigeria to…

Banks urge customers to use digital platform

Banks in the country have urged their customers to utilise their digital self-service solutions because of…

FG to auction N50bn bonds in March 25- DMO

The Debt Management Office has said that Federal Government will auction N50bn worth of bonds by…

CBN approves N1.1tn to boost the economy

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors…

CBN directs banks to restructure loan terms

The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of coronavirus…

CBN cuts special interest rate to 5%

The Central Bank of Nigeria (CBN) has disclosed that the interest rates on all applicable apex bank’s…

Polaris Bank commemorates World Kidney Day

Polaris Bank and Renal Dialysis Centre have organised a symposium on kidney health. The symposium, which…

CBN considers low interest rate to stimulate growth

The Central Bank of Nigeria (CBN) is condering interest rate cut to stimulate growth and protect…

Access Bank launches ‘TraderLite’ for micro businesses

Access Bank Plc has launched TraderLite, an account that enables micro businesses with turnover between N50,…

Naira value falls as dollar sells above N400

The naira is facing one of its toughest times since 2017, the last time it was…

Wema Bank to Mark IWD with Staff, Grant for Women Businesses

In a bid to mark the 2020 International Women’s Day, Wema Bank, Nigeria’s leading innovative bank,…

CBN to issue N512.7bn Treasury Bills

The Central Bank of Nigeria (CBN) has stated that it would issue N512.7 billion worth of…

CBN advises cashless transactions to avoid spread of coronavirus

Central Bank of Nigeria (CBN) has advised Nigerians to forego cash transactions and adopt alternative payment…

FCMB issues N100bn commercial paper

First City Monument Bank (FCMB) Limited, a member of the FCMB Group Plc, has concluded arrangements…

Access Bank plans subsidiaries in 22 countries

The Group Managing Director, Access Bank, Herbert Wigwe, says the bank plans to expand to 22…

Unity Bank launches USSD in local dialets

Unity Bank Plc has introduced an Unstructured Supplementary Service Data banking in Nigeria’s three major languages…

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