DAILY POST recalls that on June 3, the Central Bank of Nigeria revoked the license of Heritage Bank over weak financial stability. The NDIC, acting as the liquidator of Heritage Bank, will oversee ...

to meet the Central Bank of Nigeria’s recapitalization directive. The successful fundraising, which included a Rights Issue and Public Offer, will enable the bank to expand product offerings, increase ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...

The Renewable Energy Association of Nigeria (REAN) and Access Bank have displayed commitment to ensure that renewable energy issues are brought to the front burner. This was demonstrated at REAN ...

Wema Bank has emerged as the No. 1 Best Workplace in Nigeria at the Great Place To Work (GPTW) 2024 Awards, given its commitment to employee well-being and innovative work culture. The Great Place ...

The Federal Government of Nigeria has confirmed its readiness to host the headquarters of the Africa Energy Bank (AEB), following the country’s successful bid in July 2024. Preparations are well ...

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old series of the N200, N500, and N1,000 banknotes will cease to be legal tender by the end of this year. This is ...

Di National Human Rights Commission (NHRC) don clear di Nigeria military of allegations of forced abortions on women and mass killing of children for dia counter-insurgency operations for di ...

At the last Monetary Policy Committee of the Central Bank of Nigeria, the benchmark interest rate was hiked by 50 basis points to 27.25 per cent in a bid to rein in inflation. In the Africa Pulse ...

Nigeria's central bank is prepared to use "whatever tools at our disposal" to manage inflation, its central bank chief Olayemi Cardoso said on Tuesday. Inflation in Africa's most populous country rose ...

and the Central Bank of Nigeria (CBN) to acquire NBK from KCB Group. Sources told Business Daily that Mr Minta exited the bank on October 5—ending a stint of two years and eight months at the ...

A civil society organisation, Global Integrity Crusade Network (GICN) has filed a lawsuit at the Federal High Court sitting in Abuja seeking an order to compel the Central Bank of Nigeria (CBN ...