The Central Bank of Nigeria said on Wednesday that it had revised the clearing system rules…
Money Market
DBN partners LAPO Microfinance Bank to support MSMEs
The Development Bank of Nigeria has entered into partnership with LAPO Microfinance Bank to support 10,000…
CBN injects $210m into forex market, supports SMEs
The Central Bank of Nigeria on Tuesday injected $210m into the foreign exchange market to meet…
Fidelity Bank partners WorldRemit on instant money transfers to Nigeria
WorldRemit, a Digital money transfer service has joined forces with Fidelity Bank, for instant money transfers…
Afreximbank partners AfDB to provide $500,000 grant to SMEs
The African Export-Import Bank (Afreximbank) has partnered with the African Development Bank (AfDB) to provide a…
Keystone Bank gets recognition for innovation
Keystone Bank Limited has been recognised as Africa’s most innovative bank of the year at the…
GT Bank, others collaborate to enhance passport services
Guaranty Trust Bank Plc. has struck a partnership with New Works Limited and the Nigeria Immigration…
Sterling Bank appoints two new directors
Sterling Bank Plc has announced the appointment of Mrs Folasade Kilaso and Mr Michael Ajukwu to…
NEXIM Bank Okays N25bn loan for non-oil exporters
The Nigerian Export-Import Bank on Thursday gave approval for the disbursement of the sum of N25bn…
External reserves drops to $47.303bn
Data obtained from the Central Bank of Nigeria on Wednesday showed that the nation’s foreign exchange…
CBN holds monetary policy rate at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy…
First Bank-Chinese Business Forum deepens intercontinental partnerships
As part of its strategic drive to strengthen business partnerships between Nigeria and China, First Bank…
“Spraying Naira is Punishable with 6 Months Jail Term” – CBN
According to the Central Bank Of Nigeria (CBN), spraying the Naira notes is an offense punishable…
Illegal deductions: CBN returns N65bn to bank customers
The Central Bank of Nigeria says it has recovered over N65bn from commercial banks in the…
FG makes N343.05m from savings bond in July-DMO
The Federal Government said it made N343.05m from sales of savings bond in July. The results…
Ecobank partners Total on agency banking
Ecobank Nigeria has announced a strategic partnership with Total Nigeria Limited, to offer agency banking services…
Bankers’ Committee launches SME funding initiative
The Bankers’ Committee of the Central Bank of Nigeria has introduced a new initiative to enable…
Ecobank Nigeria MD resigns
Ecobank Transnational Incorporated, the parent company of the Ecobank Group, on Monday announced the resignation…