CBN Gives Fidelity Bank nod to Acquire Union Bank UK Plc by Yinka Okeowo August 30, 2022 0 Finance The transaction is however still subject to the approval of the UK’s Prudential Regulatory Authority (PRA). Read more
Authorities Grant Access Holdings Approval to Take over First Guarantee Pension by Yinka Okeowo August 29, 2022 0 Finance “This transaction is in line with our vision to create a globally connected community and ecosystem; inspired by Africa for ... Read more
CBN says Naira 4 Dollar Remittances Totalled $2.4bn in 2022 by Yinka Okeowo August 29, 2022 0 Finance “So, there are so many components of remittances. But the component of inflows that came into this country so far, ... Read more
3 Top Loan Apps in Compliance with CBN Prudential Guidelines by Justice Godfrey Okamgba August 29, 2022 4 Apps Carbon, Branch, and Fairmoney are some of the leading lending Apps that are in compliance with CBN regulations. Read more
Blocked Funds: CBN Releases $265m to Airline Operators by Yinka Okeowo August 26, 2022 0 Finance Nwanisobi retiterated that the Bank was not against any company repatriating its funds from the country Read more
CBN Inflation Rate Benchmark at 9% – How has it Performed? by Yinka Okeowo August 26, 2022 0 Finance Data from the National Bureau of Statistics (NBS) reveals that the last time Nigeria witnessed single-digit inflation was in January ... Read more
CBN Unveils e-Naira USSD Code in Kano by Yinka Okeowo August 25, 2022 0 Finance ...Says 45% Nigerian Adults Without Bank Account Read more
FG Begins Talks With Airlines to Release $464M in Trapped Funds by Justice Godfrey Okamgba August 23, 2022 0 Travel The $464 million reportedly held by the CBN is the largest amount being withheld by any African country, and in ... Read more
Emefiele Flags-Off Second Phase of eNaira Project by Yinka Okeowo August 19, 2022 0 Finance According to him, “The second phase of the project has begun and is intended to drive financial inclusion by onboarding ... Read more
eNaira Hits N4b in Transactions, 200K Subscribers, says CBN by Yinka Okeowo August 18, 2022 0 Finance eNaira was inaugurated on Oct. 25, 2021, by President Muhammadu Buhari, making Nigeria the first African country to launch a ... Read more
First Bank Appoints Iyamabo as Executive Director by Yinka Okeowo August 18, 2022 0 Finance Patrick Iyamabo joined First Bank as part of the effort to strategically turn around the group and address fundamental challenges ... Read more
CBN Raises Interest Rate on Savings Deposits from 1.4% to 4.2%. by Yinka Okeowo August 17, 2022 0 Finance The increase in savings interest rates, which will become effective on August 1, according to the apex bank, was taken in light of the complete return to normalcy after taking into account the current macroeconomic conditions. Read more
Hackathon: CBN, AFF to Assist 10 Startups to Increase eNaira Adoption by Yinka Okeowo August 15, 2022 0 Finance According to Daniel Awe, Head of AFF, 5,000 participants from the finance community applied for the hackathon and were cut ... Read more
N6.7tr Subsidy: CBN Governor, FIRS Boss to Appear Before Lawmakers by Yinka Okeowo August 12, 2022 0 Finance His justification was not well received by the committee, however, as Mark Gbilah (NNPP Benue) claimed that N6.7 trillion had ... Read more
Rising Debt: CBN says Borrowing is a Component of Fiscal Responsibility by Yinka Okeowo August 11, 2022 0 Finance "CBN is aware that the weight of debt will be felt when an economy is in trouble. To ensure price ... Read more