Banking

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CBN Orders Banks To Start Disbursing New Naira Notes Over The Counter

The Central Bank of Nigeria (CBN), on Thursday has issued a directive to financial institutions across the country to commence paying customers the new...

Lotus Bank Wins Leadership 2022 Banker Of The Year

LOTUS Bank Limited, a Nigeria’s Non-Interest Bank (NIB), has won the Leadership Newspaper Bank of the Year 2022 award. The award was pronounced and presented...

N2.4bn Judgment: S’Court Backtracks On GTB’s Appeal Against Innoson

The Supreme Court has backtracked on its earlier ruling which dismissed Guaranty Trust Bank’s (GTB) appeal against a N2.4 billion judgment in favour of...

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...

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...

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...

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...

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