Banking

Digital currency: Why I approved eNaira, by President Buhari

President Muhammadu Buhari has painstakingly explained why he approved the use of the digital currency, eNaira. The President, who spoke…

3 years ago

Buhari to unveil CBN’s eNaira on Monday

President Muhammadu Buhari will formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday October…

3 years ago

FBN Holdings confirms Otedola’s acquisition of 5.07% equity stake

Barely 24 hours after denying notification of possible acquisition of shares by Mr. Femi Otedola, FBN Holdings (FBNH) Plc on…

3 years ago

First Bank: We’re not aware Otedola has acquired major stake

FBN Holdings (FBNH) Plc has declared that it is not aware of the purported acquisition of a majority stake in…

3 years ago

CBN: Nigerian banks remain stable, resilient despite COVID-19

In spite of the COVID-19 pandemic, Nigerian banks have remained stable, robust and resilient. This is the submission of the Central…

3 years ago

Unremitted $32m: Reps threaten Polaris Bank MD with arrest warrant

The House of Representatives ad-hoc committee investigating the status of all recovered loots, movable and immovable assets from 2002-2020 has…

3 years ago

Fidelity Bank wins 2020 DBN service award

Fidelity Bank Plc has won the 2020 Development Bank of Nigeria (DBN) service award for the highest disbursement to DBN-focused…

3 years ago

Lagos Blue Line project gets CBN’s N60bn support

The Central Bank of Nigeria (CBN) on Thursday said that it had supported the Lagos State Blue railway line project…

3 years ago

N15.7bn fraud: FG re-arraigns ex-Gulf Bank MD November 26

The Federal Government through the Office of the Attorney-General of the Federation (AGF) will on November 26 re-arraign a former…

3 years ago

Banks get 14-day ultimatum to remit N10bn Customs Duty

The House of Representatives Committee on Customs have given two-week ultimatum to some financial institutions to reconcile accounts and remit all…

3 years ago

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