Tag: CBN
Reps move to bar CBN governor, deputy from partisan politics
The House of Representatives has passed a bill after second reading to stop the Governor of the Central Bank of Nigeria (CBN) from participating...
CBN contests order to pay ex-Gov Nyame N151m pension arrears
The Central Bank Nigeria (CBN) has filed a motion on notice to challenge the court’s order to pay the former governor of Taraba State,...
Oriental Energy in trouble over $1.5m debt, court restrains oil firm
A Federal High Court in Lagos has restrained Oriental Energy Resources Limited from withdrawing, transferring, removing any funds, properties, or assets, outside the jurisdiction...
Ranking: Zenith Bank is Nigeria’s No 1 bank with $2.75bn capital
For the 13th consecutive year, Zenith Bank Plc has retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital...
Assembly approves Soludo’s N100bn loan request for infrastructure
The Anambra State House of Assembly has approved Governor Charles Soludo’s request to access N100 billion loan from the Central Bank of Nigeria (CBN)...
Zenith Bank: Stakeholders seek support for Nigeria’s non-oil export sector
Stakeholders have called for support of Nigeria’s non-oil export sector for economic rejuvenation.
They made the call at the 7th annual edition of the Zenith...
Rising inflation: CBN raises interest rate to 14%
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 13 percent to 14 per cent.
The...
CBN advises banks, financial institutions on open banking
The Central Bank of Nigeria (CBN) has advised banks and other financial institutions to embrace opportunities represented in open banking to drive financial inclusion...
Zenith retains position as Nigeria’s Best Commercial Bank
For the second year running, Zenith Bank Plc has emerged as the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2022.
The...
Bizmen slam N407.8m suit on Union Bank
Three businessmen, Messrs Adedoyin Dare Olasunkanmi, Adewoye Adeyinka Joshua and Onadeko Thomas Olusesan, have slammed a N407.8 million suit on Union Bank of Nigeria...
