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Ecobank battles Vigeo, Osibodu in court over N8.7bn debt

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Ecobank Nigeria Limited has dragged a Lagos businessman, Mr. Victor Osibodu and his company, Vigeo Limited, before a Federal High Court in Lagos over...

CBN supports 28 firms with N23.20bn facility

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Twenty-eight firms have secured N23.2 billion facility from the Central Bank of Nigeria (CBN) for the 100 for 100 Policy for Production and Productivity...

Emefiele begs manufacturers to reduce prices of building materials

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The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged manufacturers in the construction industry to bring down prices of...

CBN reduces charges on electronic transactions

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The Central Bank of Nigeria (CBN) has reviewed downward charges for electronic banking transactions in its revised guidelines to charges by Banks, Other Financial...

CBN to Nigerians: You’re at risk patronising loan sharks

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The Central Bank of Nigeria (CBN) has warned Nigerians against patronising loan sharks. CBN Governor, Mr. Godwin Emefiele, said those who patronise places other than...

MPC: CBN retains monetary policy parameters

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the country’s Monetary Policy Rate (MPR) at 11.5 per cent. At...

CBN begins e–invoice for importers, exporters Feb. 1

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The Central Bank of Nigeria (CBN) says it will begin e-invoice for imports and exports in the country from February 1, 2022. The apex bank...

Buhari inaugurates 13 sky-high pyramids of rice in Abuja

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President Muhammadu Buhari on Tuesday in Abuja inaugurated 13 sky-high pyramids consisting of one million bags of paddy rice. Unveiling the FCT Mega Rice Pyramids...

FirstBank appoints Alebiosu, Adewuyi, Ebong as Executive Directors

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The Board of Directors of First Bank of Nigeria has appointed three Executive Directors. The appointees are: Mr. Olusegun Alebiosu – Executive Director, Risk Management...

Customers stranded at ATM points in Ibadan

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Many bank customers in Ibadan were, on Tuesday, stranded at various automated teller machine (ATM) points in Ibadan. A correspondent of the News Agency of...
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