Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes  

Ecobank Nigeria Takes Financial Literacy To Markets, Sensitizes Traders On New Naira Notes  

Ecobank Nigeria, an affiliate of the leading pan-African banking group, the Ecobank Group has taken financial literacy and inclusion to traders in several markets across the country being part of activities to mark “Ecobank Day”, 2022.   City Business News reports that...
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Emefiele To Risks Managers: Remain Vigilant, Deal With Complex Risks

Emefiele To Risks Managers: Remain Vigilant, Deal With Complex Risks

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged risks managers to be vigilant in order to deal with the complex risks the country is currently facing.   Emefiele gave the advice at the 2nd National Risk Management Conference,.....
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EFCC Hails CBN’s Move To Clampdown On Currency Hoarders

EFCC Hails CBN’s Move To Clampdown On Currency Hoarders

The Economic and Financial Crimes Commission (EFCC) has applauded the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Nigerian currency, the Naira.  The CBN Governor, Godwin Emefiele, on Wednesday announced th...
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Senate Passes Bill To Amend CBN Act For Second Reading

Senate Passes Bill To Amend CBN Act For Second Reading

The Senate on Tuesday at plenary passed for second reading, a bill to amend the Central Bank of Nigeria (CBN) Act.  Leading debate on the general principles of the bill, its sponsor, Sen. Sadiq Umar (APC-Kwara), said the bill was...
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Fitch Upgrades FBN Holdings To ‘B’, Outlook stable

Fitch Upgrades FBN Holdings To ‘B’, Outlook stable

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Shippers’ Council, CBN, UBA, Fidelity Bank, Others Harp On Trade Facilitation 

Shippers’ Council, CBN, UBA, Fidelity Bank, Others Harp On Trade Facilitation 

By Moses Ebosele, ebosele@hotmail.com   — Trade facilitation took the centre stage, in Lagos, on Saturday as key stakeholders brainstorm on challenges, existing modalities and gains recorded so far.   Speaking at the event, which forms part ...
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CBN Releases $265m To Settle Outstanding Ticket Sales

CBN Releases $265m To Settle Outstanding Ticket Sales

The Central Bank of Nigeria (CBN),on Friday, released the sum of 265 million dollars to airlines operating in the country to settle outstanding ticket sales. According to a statement issued by the Director, Corporate Communications Department of CBN, Mr Osita....
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Manufacturers Task CBN On FOREX Allocation

Manufacturers Task CBN On FOREX Allocation

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN)  to allocate more FOREX to manufacturers to allow for the importation of raw materials and machinery.  Edo/Delta branch chairman of MAN, Dr Okwara Udensi, made th...
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Airline Operator Implores FG On Release Of Foreign Airlines’ $450m Ticket Sales

Airline Operator Implores FG On Release Of Foreign Airlines’ $450m Ticket Sales

Chief Executive Officer of an aviation company, Mr Segun Adewale, has urged the Federal Government to repatriate the $450million in ticket revenue belonging to foreign airlines operating in the country.  Adewale, also former Vice-Chairman, the National Associ...
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ABCON Urges CBN To Float Naira 

ABCON Urges CBN To Float Naira 

The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the Naira to halt its further depreciation.  The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in...
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CBN Issues National Licence To TAJBank

CBN Issues National Licence To TAJBank

TAJBank Limited Nigeria’s leading non-interest bank has secured approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, Mr Hamid Joda, made this known in a statement on Wednesday.  Joda said tha...
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Fidelity Bank Rewards Customers With N10m

Fidelity Bank Rewards Customers With N10m

Fidelity Bank Plc has rewarded 10 customers with N1million each in the eight monthly draws of its Get Alerts in Millions season five promo (GAIM 5). Dr Ken Opara, the Promo Chairman and Executive Director, Lagos and South-West, said at...
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Reps Amend CBN Act To Stop Governor From Partisan Politics

Reps Amend CBN Act To Stop Governor From Partisan Politics

The House of Representatives has passed a bill after the second reading to stop the Governor of the Central Bank of Nigeria (CBN) from participating in future elections in the country.   Rep. Sada Soli, the sponsor of the Bill at...
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Buhari Nominates Four Non-Executive Directors Of CBN

Buhari Nominates Four Non-Executive Directors Of CBN

President Muhammadu Buhari has nominated four persons for appointment as Non-Executive Directors of the Board of the Central Bank of Nigeria (CBN).This is contained in a letter dated July 21 and read at Tuesday’s plenary by Senate President, Ahmad Lawan.Buha...
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