CBN

New naira notes: EFCC moves to clampdown on currency hoarders

The Economic and Financial Crimes Commission (EFCC) says it would monitor the redesign of naira notes by the Central Bank…

2 years ago

CBN redesigns naira notes amidst currency crisis

The Central Bank of Nigeria (CBN) has announced the re-designing of naira notes. The affected notes included N100, N200, N500,…

2 years ago

CBN suspends bank charges on cash deposits

The Central Bank of Nigeria (CBN) has suspended the operations of bank charges on cash deposits immediately. The apex bank…

2 years ago

Q3 2022: UBA nets N138.5bn profit, earnings hit N608bn

United Bank for Africa (UBA) Plc. has recorded impressive growth across all its major indices in its unaudited financial results…

2 years ago

CBN sensitises ‘Keke Napep’ riders on eNaira

The Central Bank of Nigeria (CBN), in collaboration with Bizi Mobile Cashless Consult, on Friday, sensitised ‘Keke Napep,’ tricycle riders…

2 years ago

CBN marks first anniversary of eNaira

The Central Bank of Nigeria (CBN) has unveiled activities to mark the first anniversary of its digital currency, the eNaira.…

2 years ago

SCIL acquires Polaris Bank for N50bn, to pay N1.3trn in 25 years

The Strategic Capital Investment Limited (SCIL) has paid N50 billion for the acquisition of 100 per cent equity in Polaris…

2 years ago

Reps order CBN to suspend Polaris Bank’s sale

The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank…

2 years ago

Glo launches banking payment platform, MoneyMaster PSB

Nigeria’s telecommunications giant, Globacom, has launched a banking payment service platform called, MoneyMaster PSB, to serve the unbanked and underbanked.…

2 years ago

Access Bank acquires 51% stake in Angolan-based bank, Finibanco

Access Holdings Plc has announced its planned acquisition of majority equity stake in Angolan-based Finibanco S.A by Access Bank Plc.…

2 years ago

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