CBN to Fine Banks for Paying Counterfeit Banknotes The Central Bank of Nigeria has imposed a penal fee of N1m on each branch of Deposit Money...
Heritage Bank Eyes Fresh Capital Injection The Managing Director/Chief Executive Officer of Heritage Bank, Mr Ifie Sekibo, has disclosed that the bank is anticipating fresh capital...
Banks to Lose 18-month Interest on Marketers’ Subsidy Debts The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged on petrol...
Banks’ Profits to Drop Over Weak Loan Demand Banks are unlikely to post large profits this year due to weak loan demand and poor economic growth,...
Include us in Merger Process, Shareholders Tell Diamond Bank Diamond Bank Plc shareholders on Monday expressed mixed reactions to the news of its merger with Access...
NEXIM Bank to Disburse $1bn to Nigerian Exporters, Others The Nigerian Export-Import Bank has entered into a $1bn trade facilitation pact with the African Export-Import Bank...
Access Close to Acquiring Diamond Bank There are indications that Access Bank Group is close to acquiring Diamond Bank Plc. A senior official of Access Bank,...
CBN Stops Forex for Fertiliser Importation The Central Bank of Nigeria has included fertiliser on the list of 41 import items classified as ‘not valid for...
Access Bank Recognised for Sustainability Efforts The Central Bank of Nigeria has named Access Bank the ‘Most Sustainable Bank of the Year’ in the 2018 edition...
Banks’ Investment in SMEs to Hit N90 Billion Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria, has disclosed that banks’ contributions to the Small...