Nduekwe leaves Access Bank’s board

Former Executive Secretary of the Nigerian Communication Commission (NCC), Dr. Ernest Nduekwe will be leaving the board of Access Bank as non-executive member at...

No fire in our head office, says CBN

The Central Bank of Nigeria (CBN) has debunked reports that itshead office was on fire on Tuesday.In a release signed by its Director of...

Investors respond positively to Sterling Bank’s new MD appointment as stock appreciates 4.82%

FELIX OLOYEDEInvestors reacted optimistically to Sterling Bank appointment of Abubakar Suleiman as its new managing director, following the retirement of its former chief executive,...

Fidelity: Okonkwo raises the bar

By OKEY ONYENWEAKUThe recent liquidation of Skye Bank Plc by the Central Bank of Nigeria (CBN) has raised apprehensions about the safety of customer...

CBN gives date of resumption of forex sales to BDCs

Adebayo ObajemuThe Central Bank of Nigeria will resume the sale of foreign exchange to the Bureau De Change segment of the foreign exchange market...

Nigeria Diamond Bank might raise new capital, sell some assets – CEO

Uzoma Dozie said the bank's capital plan will ensure it meets all regulatory requirements both in the short term and in the future.According to...

Banks to roll out 0.5 million shared Agent Networks by 2019

FELIX OLOYEDEAs part of efforts to drastically reduce the numbers of unbanked adults in the country, commercial lenders have concluded plans to roll out...

Naira gains 7.37% this week to ₦440/$1 in parallel forex market

Following the Central of Nigeria (CBN) announcement that it would resume the sales of dollar to bureau de change operator from September 7, Naira...
Nigeria's net foreign exchange inflow drops 62%

Naira gains 5.4% to N440 at the parallel market

The decision of the Central Bank to Nigeria (CBN) to resume dollar sales to bureau de change operators seemed to be paying off as...
'I'm being held hostage by EFCC' - Okorocha cries out

‘I’m being held hostage by EFCC’ – Okorocha cries out

Former governor of Imo State, Rochas Okorocha, has said he is being held hostage by officials of the Economic and Financial Crimes Commission...