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MPC Reduces MPR by 50bps to 26.50%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Reduce the MPR by 50bps...
Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum
BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved...
Zenith Bank Warns Public Against Fake Investment Endorsement
Zenith Bank Plc has advised members of the public to disregard videos circulating online falsely linking its Group Chairman, Dr. Jim Ovia, to...
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...
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...
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...
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...
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...
