United Bank for Africa (UBA) Plc has recently outlined its strategic plans to navigate the dynamic banking landscape and consolidate …
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Court Grants Bail to Former CBN Governor Emefiele in Corruption Case
An Ikeja Special Offences Court has granted bail to the former Governor of the Central Bank of Nigeria (CBN), Godwin …
Read More »Naira Appreciates to N1,200/Dollar as CBN Sells $10,000 to BDCs
The Nigerian currency, the naira, has appreciated against the dollar, reaching a new rate of N1,200/dollar in the parallel market. …
Read More »Electricity Tariff Hike: A Threat to Nigeria’s Electricity Consumers and the Ruling Party
Nigeria has announced a hike in electricity tariffs for certain consumers, leading to significant backlash from the public and members …
Read More »Emefiele Faces Fresh Arraignment for Alleged Abuse of Office
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has arrived at the Ikeja High Court in Lagos for his …
Read More »CBN Dismisses 40 More Staff in Ongoing Restructuring
The Central Bank of Nigeria (CBN) has continued its restructuring efforts by dismissing another 40 staff members, mostly from the …
Read More »FG Unveils Multipurpose National ID Card for Financial Inclusion and Enhanced Services
The Nigerian government, in collaboration with the National Identity Management Commission (NIMC), the Central Bank of Nigeria (CBN), and the …
Read More »Emefiele Faces Fresh 26-Count Charge, to be Arraigned in Lagos on Monday
The Economic and Financial Crimes Commission (EFCC) has filed a new 26-count charge against Godwin Emefiele, the former governor of …
Read More »Amid CBN’s New Capital Requirements, Access Holdings Unveils $1.5bn Capital Raising Programme
Amid the Central Bank of Nigeria’s (CBN) new capital requirements for banks, Access Holdings Plc has announced plans to establish …
Read More »CBN Raises Alarm Over Unpaid ₦261bn COVID-19 SME Loans
The Central Bank of Nigeria (CBN) has recently raised concerns about unpaid loans under the Targeted Credit Facility (TCF) program, …
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