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CBN Queries First Bank over Management Change Without Approval

The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing...
Banking

NSE Trading Closes Week Upbeat With ₦89bn Growth

The nation’s bourse key market indicators closed the week upbeat on Friday with a growth of 0.43 per cent. The market capitalisation increased by ₦89...
Banking

NGX Indices Record Marginal Gain, Up 0.01%

Trading on the Nigerian Exchange (NGX) Ltd., ended on a cautious note on Thursday with the key indicators recording a marginal gain of 0.01...
Banking

CBN To Sanction DMBs, BDCs For Rejecting Old U.S Dollars, Smaller Denomination

The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs) and Bureau De Change (BDC) operators to, henceforth, accept old and lower...
Banking

Nigeria’s Currency In Circulation Rises By N29bn

Nigeria's Currency in circulation (CIC) hits N2.81 trillion in March 2021, rising by N29 billion from the N2.78 trillion recorded in February. This was contained...
Banking

NSE key Indices Drop Further 0.57%

Key market indicators dropped further by 0.57 per cent at the nation’s bourse on Wednesday, on increased profit taking in banking and industrial sectors. The...
Banking

MPC: Rates Retention Consistent With Global Trends – Experts

Financial experts have commended the retention of the Monetary Policy Rate (MPR) and other parameters by the Monetary Policy Committee (MPC) of the Central...
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