Banking and Finance

BVN restriction: data privacy lawyers sue CBN over ‘one-time’ phone number update rule

LEGAL experts and data privacy advocates under the auspices of the Incorporated Trustees of the Data Privacy Lawyers Association...
Zainab ABDULRASAQ -

‘It’s fake’: CBN dismisses Polaris bank liquidation claim

THE Central Bank of Nigeria (CBN) has debunked rumours suggesting that Polaris Bank is undergoing liquidation, while affirming that...
Harrison EDEH -

Don’t panic, CBN tells Union, Keystone, Polaris depositors over recapitalisation

ALTHOUGH the March 31st deadline for their recapitalisation was not met, the Central Bank of Nigeria (CBN) has advised depositors...
Harrison EDEH -

Why CBN deputy governor, Bala Bello, was ‘sacked’

By Sunday Micheal Ogwu THE Central Bank of Nigeria (CBN) erupted in jubilation following the ‘sacking’ of Deputy Governor, Operations Directorate,...
Editorial -
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Recapitalisation: 30 banks meet threshold, three undergoing verification – CBN

FEW days to the March 31 deadline, Nigeria's banking sector recapitalisation drive has gained significant momentum with 30 banks...
Harrison EDEH -

Banking recapitalisation: bank-merging risks loom as March 31, deadline draws closer

THERE are indications that some banks will merge as some deposit money banks (DMBs) in last-ditch efforts to meet...
Harrison EDEH -
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