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Business

Fintech: How Digital Banks Are Protecting Customers From Scammers- Ehirim

To address corporate challenges facing digital banking, Nnamdi Ehirim, the Head of Finance and Strategy at Gomoney has said that players in the industry...
Business

To Forestall Repeat Of Naira Scarcity Under Emefiele, CBN Says Old Bank Notes To Remain Legal Tender Indefinitely

The Central Bank of Nigeria is planning to vacate a subsisting order of the Supreme Court that gave December 31st deadline for the old...
Business

Union Bank To Pay Shareholders N7.7 Per Share As 106-Year-Old Institution Delists From Stock Market

Union Bank of Nigeria Plc has proposed a settlement amount of N7.7 per share for its shareholders as the lender is finalising plans to...
Business

Old Naira Notes Remain Legal Tender- CBN

The Central Bank of Nigeria has warned against the rejection of any bank notes it has issued in line with the provision of the...
Business

CBN Fines Access Bank N12 Million For Employment Without Approval, Delaying Customer

The Central Bank of Nigeria imposed an N12m fine on Access Bank Plc for infringement on employment rules and customer delay.This was disclosed in...
Business

Price Of Air Ticket Won’t Reduce Any Time Soon, Airline Operators Tell Nigerians

Prices of air tickets will not be reduced by airline operators despite the appreciation of the naira against the dollar, the Spokesperson of Airline...
Business

My Main Focus As CBN Governor Is Price Stability- Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on...
Business

Morgan Stanley Downgrades Nigeria’s Market Rating As Investors Panic Over Foreign Exchange Crisis

Morgan Stanley Capital International (MSCI) Inc, a leading provider of critical decision support tools and services for the global investment community has downgraded Nigeria’s...
Business

CBN Reveals Why Cash Is Scarce In Some Parts Of Nigeria, Warns Against Panic Withdrawals

The Central Bank of Nigeria has explained that the scarcity of cash in some parts of the country is due to high volume withdrawals...
Business

Naira Will Regain 45% Of Its Value Before December- FG

The Federal Government has said that it is putting several policies in place to make sure that the naira trades at a fair price.Taiwo...
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