The Central Bank of Nigeria has approved JPMorgan’s plan to establish a merchant bank in Nigeria, subject to regulatory requirements and a final banking licence.
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Burna Boy launches sneaker collection, unveils prices from N202,000 to N242,000
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Nigerian bank upgrades banking platform to improve non-interest banking services
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Naira gains against dollar at official market, loses at black market
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Nigerian bank expands, set to begin full commercial operations in November
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"Removed, delete": Nigeria’s richest woman releases statement after allegation of EFCC investigation
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CBN to Reveal Next Move as Supreme Court Halts Ban on Use of Old Naira Notes After February 10
The Supreme Court temporarily halted the Central Bank of Nigeria ban on old naira notes after an ex-parte application from Kaduna, Kogi, and Zamfara states.
Sterling Bank announces 12 days no transaction fees for customers over new naira notes scarcity
Sterling bank PLC in an effort to ameliorate the search for cash by Nigerians, sterling bank has announced gifts for its customers using electronic channels.
"Nigeria's GDP numbers to drop" Rewane speaks on cash scarcity as Governors wait for supreme court judgment
Renowned economist Bismark Rewane has discussed the impact on the economy of the Central Bank of Nigeria's decision to redesign the N1000, N500, and N200 notes.
Nigerian Banks React as ICPC Arrests Officials, Discovers New Naira Notes Hidden in Vaults
Commercial banks have spoken on the need for the public to trust them on the new naira notes as anti-graft agencies led by ICPC, EFCC continue to investigate.
Naira scarcity: Banks, PoS operators, cash out big as Nigerians transact N39.5tn electronically in one Month
As Nigerians embrace electronic transactions, PoS and other methods play a crucial role, with the CBN reporting record-high transactions worth over N39trn.
Naira Increases in Value Across All Foreign Exchange Markets as Demand for Dollar Drops
The value of the Nigerian currency, Naira has continued to strengthen as citizens continue to battle cash shortages across the country a few hours to deadline.
Trapped Funds: NDIC Tells Depositors, Creditors of Failed Banks in Nigeria to Come for Payment
The Nigeria Deposit Insurance Corporation has pleaded with depositors and creditors of collapsed commercial banks in Nigeria to come for their trapped money.
Meet Nigerian Billionaire, Dozy Mmobuosi Who Wants to Buy English Club, Sheffield United for N50.6bn
A Nigerian billionaire, Mmobuosi is makin moves to acquire an English football club, Sheffield United for 90 million pounds and waiting for clearance from FA
“PoS Operators Are Now CBN": Nigerians React as Old Naira Notes Get Five Extra Days, Emefiele Remains Silent
The Central bank of Nigeria is yet to speak on the federal government's decision to obey the supreme court which extended the deadline date for old naira note.
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