Money

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Money

Cardoso Hails AU Approval of Nigeria’s Permanent Seat on African Monetary Institute Board

BY NECHI NAECHE-ESEZOBOR—Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has welcomed the approval by the African Union (AU) granting Nigeria...

Money

Sterling Bank, AltBank Fully Recapitalised as HoldCo Secures Final Regulatory Approvals

Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in...

Money

CBN Approves Weekly $150,000 FX Sales to BDCs to Boost Retail Liquidity

BY NKECHI NAECHE-ESEZOBOR-The Central Bank of Nigeria (CBN), on Tuesday said it has approved the participation of licensed Bureau De Change (BDC) operators...

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Access Bank Plc Appoints Mrs. Ifeyinwa Osime as Board Chairman

Access Holdings Plc (‘the Company’) is pleased to announce that the Board of Directors (‘the Board’) of Access Bank Plc (‘the Bank’), its...

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Afreximbank Names 8 Startups for First Accelerator Programme

African Export-Import Bank (Afreximbank) is excited to announce the selection of the top 8 finalists of the first cohort for its pioneering Afreximbank...

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FG Signs MoU With 6 Professional Bodies To Train 10m Nigerians

The Federal Government of Nigeria, on Monday, flagged off a free nationwide training of 10 million Nigerians on financial inclusion and literacy. This...

Money

CBN Highlights Regulatory Path for Fintech Expansion in Nigeria

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has released a new report outlining the regulatory priorities and policy directions needed to support...

Money

Nigeria, UK Discuss Long-Term Investment, Banking Sector Stability

Nigeria and the United Kingdom have reaffirmed their commitment to deepening financial sector reforms and attracting long-term investment, as the Governor of the...