CBN

CBN increases interest rate to 15.5% to tackle inflation

The Central Bank of Nigeria (CBN) has raised the interest rate from 14% to 15.5%. This is the third increment…

2 years ago

Fraudsters hack Nigerian bank, steal customer’s N523m

A team of fraudsters have hacked into the system of one of Nigeria’s Tier 1 banks, stealing N523,337,100 from a…

2 years ago

Access Holdings gets CBN’s approval for payment coy, Hydrogen

The Central Bank of Nigeria (CBN) has given final approval to Access Holdings Plc. for its wholly owned payment subsidiary,…

2 years ago

CBN official wins Adam Smith Prize for PhD Excellence

An Assistant Director with the Central Bank of Nigeria (CBN), Dr. Babatunde Omotosho, has won the 2021 Adam Smith Business…

2 years ago

Jaiz Bank appoints Sirajo Salisu as MD/CEO

The Management of Jaiz Bank Plc has appointed of Dr. Sirajo Salisu as the Managing Director/Chief Executive Officer of the…

2 years ago

GTCO’s profit hits N103.2bn in six months

Guaranty Trust Holding Company (GCTO) Plc has recorded a profit before tax of N103.2 billion for the first six months…

2 years ago

Fidelity Bank gets CBN’s nod to acquire Union Bank UK

Fidelity Bank Plc has proposed to acquire 100% equity stake in Union Bank UK. The Central Bank of Nigeria (CBN)…

2 years ago

TAJBank targets N30bn capital base, N100bn Sukuk bond

Nigeria’s non-interest lender, TAJBank Limited, has concluded plans to begin the issuance of its N100 billion Sukuk bond. TAJBank’s Managing…

2 years ago

Emefiele: CBN leading economic diversification from oil sector

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the CBN is leading the drive towards diversifying…

2 years ago

CBN releases $265m to airlines to halt aviation crisis

The Central Bank of Nigeria (CBN) has released $265 million to airlines operating in the country to settle outstanding ticket…

2 years ago

This website uses cookies.