Bank customers who have not got Bank Verification Number (BVN) by June 2015 may not be attended to, according to a new directive of the Central Bank of Nigeria (CBN). BVN is obtained after r... Read more
Soldiers killed scores of Islamic extremists in a rare victory as the insurgents advanced on a town near the northeast city of Maiduguri, an officer and other witnesses said. According an As... Read more
It is official: HBCL Investment Services Limited (HISL), a private commercial bank, has won the for the purchase of nationalised lender Enterprise Bank, AMCON said. HISL was selected by Asse... Read more
L – R: Managing Director, Shell Petroleum Development Company of Nigeria Limited (SPDC), Engr. Mutiu Sunmonu; Chairman/ Chief Executive Officer, Emzor Pharmaceutical Industries Limited, Dr.... Read more
The Central Bank of Nigeria (CBN) has rescheduled its 2014 Monetary Policy Committee (MPC) meeting. “We wish to inform all our stakeholders that the 240th Meeting of the Monetary Policy Comm... Read more
The Nigeria Deposit Insurance Corporation (NDIC) wants Ecobank Transnational Incorporated (ETI) to ensure operational independence of its Nigerian subsidiary, Ecobank Nigeria. According to c... Read more
The Federal Government is set to actualise its proposed wholesale development bank to provide funding for the real sector, which has been largely hampered by the twin challenges of lack of a... Read more
Union Bank Plc needs help, and it knows it. That help may be coming the way of the bank soon as Atlas Mara, the African investment vehicle of former Barclays boss, Bob Diamond is in talks to... Read more
Brendan Akaju The Central Bank of Nigeria (CBN) has released the final version of the regulatory framework for bank holding companies (holdcos) as it moves to address preconditions set by Pe... Read more
Former Group Managing Director of United Bank for Africa (UBA), Mr. Tony O. Elumelu, has returned to the bank . as Chairma, making him the second of former heads of leading banks to stage a... Read more
