Estimated read time 4 min read
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Banks Are in Good Stead to Meet CBN’s Recapitalisation Target – ACAMB

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to [more…]

Estimated read time 3 min read
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DAME (DR.) ADAORA UMEOJI NAMED ZENITH BANK GMD/CEO

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Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject [more…]

Estimated read time 2 min read
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JUST IN: Government Agencies Disengaged Over 500 of its Staff Members

One of the Federal Government agencies operating as a subsidiary of the Central Bank of Nigeria, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) [more…]

Estimated read time 3 min read
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JUST IN: CBN Begins Sales Of Dollars To BDCs, See How Much

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The Central Bank of Nigeria (CBN) has announced plans to offer foreign exchange worth $20,000 to any eligible Bureau De Change operator across the country. [more…]

Estimated read time 4 min read
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EFCC Widens Probe Into Forex Fraud Targets Dangote, BUA and 85 Entities

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The Economic and Financial Crimes Commission (EFCC) has significantly expanded its investigation into alleged fraudulent foreign exchange allocations during the tenure of the former Governor [more…]

Estimated read time 2 min read
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CBN Slams Fresh Restriction on Cryptocurrency Transaction

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The Central Bank of Nigeria (CBN) has slammed restrictions on cryptocurrency transactions.   The apex bank disclosed this in recent guidelines on its website for [more…]

Estimated read time 2 min read
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Buhari Should Be Arrested By Now On The Issue of Emefiele Fraud Allegation– Sowore

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The presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has stated that the country’s immediate past president, Muhammadu Buhari, should have been arrested [more…]

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Foreign Airlines To Quit Nigeria Over Trapped $790m Ticket Revenue

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The International Air Transport Association (IATA)  has warned the Central Bank of Nigeria that some foreign airlines may be forced to quit the Nigerian aviation [more…]

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Forex: Dangote Repatriates $687,977m From Pan-African Operations

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Management of Dangote Industries Limited (DIL), have revealed that the company has so far repatriated over USD576,008,672.41 through various banks in Nigeria, in addition to [more…]