Banking
Court Commits Abdulrasheed Maina To 8 Years Imprisonment
A Federal High Court, Abuja, on Monday, convicted and sentenced Abdulrasheed Maina, Chairman, defunct Pension Reformed Task Team (PRTT), to 8 years imprisonment.
Justice Okon...
Banking
Banks In Trouble As MTN, Airtel Get CBN’s Approval To Start Banking Business
Two leading telecommunications giants, MTN Nigeria and Airtel have finally been given approval-in-principle by the Central Bank of Nigeria (CBN) to commence banking business...
Banking
Early Setback For eNaira As Google Play Store Removes App Over Complaints
Less than two days after its launch by the Central Bank of Nigeria (CBN), the eNaira application has been removed from Google Play Store...
Banking
Nigerians React As Naira Dips To N575, Days After AbokiFX Suspension
Nigerians have continued to react as the Naira sold between N572 and N575 to a $1 at the parallel market despite the suspension of...
Banking
CBN Keeps Lending Rate At 11.5%.. To Pull Down AbokiFX Website
Threatens To Prosecute Website Owner, Olumide Oniwinde
The Central Bank of Nigeria (CBN) Monetary Policy Committee has voted to retain its...
Banking
SMEs Have Potential To Reduce Unemployment – CBN
Dr Aniefiok Umoren, Zonal Coordinator, South-South and South-East, Development Finance Activities, Central Bank of Nigeria (CBN), says Small and Medium Scale Enterprises (SMEs) have...
Banking
CBN Clamps Down On 86 Bank Accounts Over Fraudulent FOREX
The Central Bank of Nigeria (CBN) has gotten permission from the Federal High Court in Abuja to freeze 86 accounts of some companies and...
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