
The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
First Bank of Nigeria Holdings Plc has declared a 40 kobo per share dividend for 2023, and billionaire Femi Otedola is set to pocket almost N1 billion.
The Bank of Industry (BoI) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a deal to provide single-digit lending rates.
The Central Bank of Nigeria has decided to increase the foreign exchange rates for cargo clearance in Nigerian ports following the depreciation of the naira.
According to a CBN quarterly report, the demand for Forex by importers and other forex-related businesses plummeted by $9 billion in twelve months.
The Central Bank of Nigeria has dismissed high-ranking bank directors as Governor Olayemi Cardoso continues its clean-up exercise of the top financial institution.
The Central Bank of Nigeria has explained its decision for Opay, Moniepoint, and Kuda's new customer enrolment and hinted at policy reversal in a few months.
In countries where Access Holdings has established a presence, the institution has become a driving force for job creation and entrepreneurship.
The Central Bank of Nigeria has issued a directive for Bureau De Change operators to reapply for licences, and this has raised concerns among stakeholders.
FMDQ figures show that on Wednesday, May 22, the value of the Naira against the dollar increased from N1465.68 per dollar on Tuesday to N1462.59 per dollar.
Money
Load more