Tag: 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 of Nigeria (CBN) to...
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, and N1000.
The CBN Governor, Godwin...
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 on Wednesday October 26 stated...
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 for the third quarter...
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 and their customers at...
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.
eNaira, which is Africa’s first...
SCIL acquires Polaris Bank for N50bn, to pay N1.3trn in 25...
The Strategic Capital Investment Limited (SCIL) has paid N50 billion for the acquisition of 100 per cent equity in Polaris Bank.
The Central Bank of...
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 Plc.
The House said the...
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.
Glo, in statement on Friday, said the...
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.
The Company Secretary, Mr. Sunday...
