The Central Bank of Nigeria has dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its...
In line with its usual custom of rewarding loyalty especially during the yuletide season, Africa’s Global Bank – United Bank for Africa (UBA) Plc- has rewarded...
On the last official trading day ahead of the Christmas celebration, the Naira again weakened against the dollar on Friday, falling 2.71% to close at N885.88/$1,...
The Special Investigator on the Central Bank of Nigeria and Related Entities, Jim Obazee, has indicated that the recent naira redesign wasn’t expressly approved by former...
Nigeria’s new $19 billion Dangote oil refinery has received 1 million barrels of oil from state-owned oil company NNPC Ltd, its second crude cargo this month,...
The All-Share Index (ASI) dropped by 0.49 percent at the close of trading on Thursday. This represented a 350.7 basis points drop in the ASI to...
The Nigeria Inter-Bank Settlement System has asked banks to delist Payment Solution Service Providers (PSSP), Switches and Super Agents from its outward payment or transfer list....
Bloomberg, on Tuesday announced that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted it’s...
The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without a Bank Verification Number and National Identification Number effective...