CBN mandates banks to collect old N500, N1,000 notes
Banks across Nigeria have been ordered to receive old N500 and N1, 000 from customers who come to deposit them in the wake of recent crisis.
Nigeria takes legal action against Binance demanding $81.5b…
Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused by the exchange's operations in the...
NIDCOM hails Tinubu’s administration, CBN on naira payout policy
Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has commended the new payout policy of the Central Bank of Nigeria (CBN) as a boost to diaspora remittances.
Sterling bank commits N1 billion to Agro-innovators for ASA 2023
Sterling bank says it is commiting one billion naira to agro-innovators at the forthcoming Agric Summit Africa (ASA) holding in Nov. 8 in Lagos.
CIBN inaugurates smart hub at NAU to empower aspiring bankers
The Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday inaugurated a smart hub, named ‘CIBN Bankers Hall’, at Nnamdi Azikiwe University (NAU), Awka, to train and produce chartered bankers.
CBN hikes interest rate to 18.75%
The Monetary Policy Committee, the policy-setting committee of the Central Bank of Nigeria (CBN), has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 per cent to 18.75 per cent.
