Tag: CBN

At an event organised by the group in Abuja, participants recognised that women’s economic empowerment was central to inclusive growth, ...

It projected a 19.2 per cent drop in profit before tax in 2025

It said Mr Ogbonna stepped down as a non-executive director after three and a half years of service.

The CBN also directed payment companies to adopt a new global standard for transaction messages, known as ISO 20022, by ...

A resolution from last December's meeting gives FCMB Group the freedom to increase the target of its initial capital raise ...

The bank declared a dividend of N3.2 billion, or 7 kobo per share.

Mr Maida said a joint task force has drawn up a standardised operational framework currently undergoing review to strengthen dispute ...

NAHCON said the meeting was aimed at reviewing the 2025 Hajj operations and laying the groundwork for an improved 2026 ...

ACF's Mr Dalhatu alleged that since 1999, the northern region has been neglected by the federal government, especially in its ...

Nigeria operates as a transitional economy, which maintains tight monetary controls to fight inflation and sustain growth and protect fiscal ...

The LGAs, the intended direct beneficiaries of the Supreme Court's verdict, are not at ease with the delayed enforcement.

Both defendants pleaded guilty to the charges when they were read to them.

The attorney general describes the report about First Holdco as “inaccurate, misleading, resentful and malicious.”

The decision, announced by CBN Governor Olayemi Cardoso at the end of a two-day Monetary Policy Committee (MPC) meeting in ...

But it wasn’t all grotesque and dim for his administration. To deny him due credit where necessary would be most ...

As banks adjust to these measures, they may experience reduced profits, tighter liquidity, and a heightened need for provisions

“This is a moment not just to look back but to look forward."

Mr Emefiele on Tuesday asked the court for permission to conduct forensic analysis of a mobile phone used in extracting ...

The hearing was postponed following a request by a lawyer to the applicant.

The CBN had barred forbearance banks from paying dividends, awarding bonuses, or making offshore investments.

EFCC said the investors reportedly deposited a cumulative N51,680,050 into the company’s account.

The bank also expressed confidence in meeting shareholders’ dividend expectations in the 2025 financial year.

Zenith Bank, which typically pays an interim dividend half-yearly, said it hopes to have met the demands of the central ...

The case centred on N1.22 billion (N1,222,384,857.84) in Melrose’s bank account and N220 million paid by the company to Wasp ...

Most banks, the CBN said, have either met or are on track to meet the new capital requirements well before ...