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Lagos, Nigeria
Tuesday, February 20, 2018

CBN bars banks from imposing charges on forex sales

The Central Bank of Nigeria (CBN) has expressed optimism that the sequence of economic growth in the country would be sustained in the months ahead. This...

African Development Bank wants to grant 29m Africans with electricity by 2020

Under its agenda 'Light up and power Africa', the African Development Bank plans to reach 29.3 million people in Africa with electricity by 2020. This was...

First Bank says transformation for excellent service reason for awards in 2017

First Bank of Nigeria (FBN) has attributed its achievements including many awards in 2017 to its steady transformation for excellent service in the financial...
L-R: Executive Director, Personal & Business Banking, Stanbic IBTC Bank, Mr. Babatunde Macaulay; Chief Executive, Stanbic IBTC Bank, Dr. Demola Sogunle; Chairman, Stanbic IBTC Holdings Plc, Mr. Basil Omiyi; and Chief Executive, Stanbic IBTC Holdings PLC, Mr. Yinka Sanni; at the inaugural edition of the Stanbic IBTC Youth Leadership Series dubbed - Against The Odds in Lagos

Amazing success tips resonate at inaugural Stanbic IBTC Youth Leadership Series

Living up to its theme, Against The Odds, the maiden edition of the Stanbic IBTC Youth Leadership Series provided a platform where three exceptional Nigerians...

JSC Russian Export Centre joins Afreximbank to boost African trade

The African Export-Import Bank (Afreximbank) says JSC Russian Export Centre (REC) has become the latest international financial organisation to join Afreximbank as a shareholder...

Fidelity Bank urges entrepreneurs to embrace evolving business opportunities

Mr Nnamdi Okonkwo, the Managing Director, Fidelity Bank Plc on Saturday urged entrepreneurs in Nigeria to take advantage of emerging opportunities and grow their...

Sterling Bank lauds NDIC examination reports

Sterling Bank on Friday commended the Nigeria Deposit Insurance Corporation (NDIC) for the high quality of its bank examination reports. It said that the reports...

Stanbic IBTC target youths with inaugural Youth Leadership Series

Nigeria’s leading one-stop financial services provider, Stanbic IBTC, a member of Standard Bank Group, has said it plans to deepen financial and entrepreneurial knowledge...

DMO Hails Release Of Capital Funding

The Debt Management Office (DMO) says the release of N1.2 trillion for capital projects by the Federal Government in six months is a positive development...

Access Bank Dispute Solution Service, Ombudsman Upgraded For Better Performance

Access Bank Plc says it has upgraded its customer service function called Ombudsman to resolve service issues between the bank and its customers. The bank...

Nigerian Stock Exchange is the best in the world so far in 2018, all...

The Nigerian Stock Exchange (NSE) has surged by 12 percent since the beginning of this year, thus making it the best performing stock market...

CBN Pumps Another $262.5m To Forex Market

The Central Bank of Nigeria (CBN) on Friday intervened in the inter-bank Foreign Exchange Market with 262.5 million dollars. Data obtained from the CBN in...

CBN Inaugurates 14-Member Steering Committee In Jigawa

Jigawa Government and Central Bank of Nigeria (CBN) on Friday announced a financial inclusion partnership scheme to encourage and promote economic independence for people...

Oyo pledges support to CBN in achieving 80% financial inclusion

The Oyo State Government has promised to support the Central Bank of Nigeria (CBN) initiative in actualizing the 80% financial inclusion rate by the...

CBN to launch N10 billion fund for egg production

Fresh eggs The Federal Government, with the support of the Central Bank of Nigeria (CBN), has disclosed plans to launch a N10billion fund for the...

Fidelity Bank Rewards 13 Customers With N16m

Thirteen customers of Fidelity Bank Plc on Thursday won the sum of N16 million in the third monthly draw of “Get Alert in Million...

CBN Sets Fresh Targets For Banks

Central Bank of Nigeria (CBN) has set state-by-state target for the 21 commercial banks and 942 Microfinance banks in the country to ensure that...

BDC operators advise CBN on stronger naira

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Wednesday listed recipes for a stronger naira and a more stable exchange rate in 2018. Alhaji Aminu...

Hackers steal $10m from U.S., Russian banks

Previously undetected group of Russian-language hackers silently stole nearly 10 million dollars from at least 18 mostly United States and Russian banks in recent...

Why we left AGSME fund interest rate at 5% –CBN boss, Emefiele

JUST at the weekend, the Bankers’ Committee and the Central Bank of Nigeria (CBN) bowed to the plea of some state governors to cut the...