FG Descends on Board, Management of Union, Keystone, Polaris Banks
The Central Bank of Nigeria (CBN) has dissolved the Board and Management of Union Bank, Keystone Bank, and Polaris Bank. The Apex bank explained that...
Category : Business
Nigerian President Bola Tinubu Suspends Minister of Humanitarian Affairs, Betta Edu
…Makes History as First Tinubu Minister to be Suspended President Tinubu has announced the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Dr....
“No Cause for Alarm”, CBN Assures Depositors
The Central Bank of Nigeria (CBN) has advised bank customers to proceed with their banking transactions without any fear whatsoever. This assurance is contained in...
PH Refinery: NNPC Ltd Achieves Mechanical Completion, Flare Start-up of Area 5 Plant
The Nigerian National Petroleum Company (NNPC) Ltd. has completed mechanic rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). Rehabilitation work...
Cash Scarcity: CBN Warns Banks, PoS Operators Over Sharp Practices
…Provides Digital Feedback BoxTo Address Complaints The Central Bank of Nigeria (CBN says its attention has been drawn to alleged cases of collusion between some...
Over N3.4 trillion Cash Currently in Circulation Compared to N1trillion in Feb -CBN
…….Says Hoarding Responsible for Cash Scarcity, Appeals for Patience The Central Bank of Nigeria (CBN) has stated that over N3.4 trillion Cash is currently in...
Digitalisation is Cost Effective – Wale Edun
The Minister of Finance and Co-ordinating Minister of the Economy, Wale Edun, said the Ministry of Finance is spearheading digitalisation for the purpose of achieving...
PRESS RELEASE
OFFICE OF THE CHAIRMANKAYI MICROFINANCE BANK LIMITED General Notice to our esteemed Customers on NIBSS Circular on Permissible Services and Products of PSSP Operation in...
CBN Recommits to Improved Service Delivery with Approval of Reviewed Service Charter
The Governor, Mr. OlayemiCardoso, has approved the Central Bank of Nigeria’s reviewed Service Charter. The Governor reiterated the Bank’s “commitment to providing more responsive and...
COP28: NNPC Ltd Secures Local, International LNG Deals
In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue NNPC Ltd has signed two major agreements to...