The Central Bank of Nigeria on Wednesday announced the re-admittance of United Bank for Africa Plc into the interbank foreign exchange money following the bank’s remittance of all the... Read more
The Central Bank of Nigeria (CBN) has barred nine banks from all foreign exchange transactions as punishment for their failure to remit the Nigerian National Petroleum Corporation (NNPC) do... Read more
Suntrust Bank will deploy cutting-edge technology to attract more than 100 million un-banked Nigerians, into the banking sector, its Chief Executive, Muhammed Jubrin, has said. According to... Read more
Diamond Bank plc has committed to partner for training teens and other children in coding and technology development. They would continue a partnership with Code Camp Africa, organiser of th... Read more
The Board of our subsidiary, First Bank of Nigeria Limited has approved the appointment of Mr. Patrick Iyamabo as the Chief Financial Officer (CFO) subject to the approval of the Central Ban... Read more
WASHINGTON, Aug. 18 (UPI) — Nigerian crude oil production will likely remain suppressed by militant activity at least through next year, a report from the U.S. government said. The mos... Read more
The Central Bank of Nigeria has re-affirmed that the Skye Bank Plc Skye is neither distressed nor liquidated. The regulator, which was reacting to a recrudescence of rumours widely circulat... Read more
The Minister of State for Petroleum, Dr. Ibe Kachikwu, said Monday night that Nigeria would have to increase oil output by an average of 900,000 barrels per day (b/d) in order to recover cr... Read more
The Central Bank of Nigeria (CBN) has increased the weekly supply of Bureau De Change (BDC) operators from licensed banks from 30,000 dollars to 50,000 dollars. Mr Kennedy Uzoka, Group Manag... Read more
Central Bank of Nigeria has said that commercial banks would be made to give prior notice and reasons to the apex bank before they sack their staff, if they continue to sack its staff up... Read more