Tag: CBN

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

Zenith Bank, FirstBank, and Access Bank top the list for regulatory forbearance exposure, with up to 23% of their loan ...

“Maybe in his second-term ambitions, the only support we’ll offer will be curses for anyone who votes for him.’’

The Federal High Court in Lagos earlier granted EFCC’s application for the final forfeiture of Mr Emefiele’s assets.

Messrs Cardoso and Edun are expected to make clarifications on allegations of non-compliance with the provisions of Fiscal Responsibility Act ...

The bank described the reports as “false” and “misleading,” insisting that the official deadline remains 3 June.

ABU had, on 22 November 2024, filed a motion asking the appellate court to allow it to submit a fresh ...

Officials said the framework is designed to strengthen complaint resolution, reduce fraud, and restore trust in formal financial services, especially ...

The FCT administration said taking possession of the properties will be done without consideration of their ownership.

Otedola says by the end of FirstHoldCo's capital raise, he would have invested over N320 billion.

This marks the second time in a row that the bank has opted to hold the rate steady.

“The attention of the Central Bank of Nigeria (CBN) has been drawn to certain publications and social media reports containing ...

“For too long, many Nigerians abroad have faced difficulties accessing financial services at home due to physical verification requirements.”

The actress also explained why the clarification became necessary

The turnaround was largely driven by a sharp rise in revaluation gains and profits made when the value of assets ...

The CBN posted a profit after tax of N38.8 billion.

Governor Sani revealed that over 2.5 million accounts have already been opened, and nearly seven million citizens have registered for ...

Zenith Bank Group achieved a remarkable double-digit growth of 86% in gross earnings, from NGN2.13 trillion in the previous year ...

The singer committed the alleged offence in January

The approval came following the intervention of Vice President Kashim Shettima, who appealed to President Bola Ahmed Tinubu on behalf ...

Ms Georgieva applauded the Nigerian government’s economic reform efforts and pledged to continue working with the government to support the ...

The contempt suit was filed by Melrose General Services Limited, which claims the CBN has failed to fully implement a ...

Taye Currency is the first celebrity to admit investing funds in CBEX.

“As Nigeria moves towards becoming a $1 trillion economy, the capacity of banks to support this growth trajectory becomes essential.”

What might seem like minor deductions, when accumulated, create a significant burden often unaccounted for by consumers.