Banking and Finance

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 -

CBN revokes Union Homes, Aso Savings lincences, cites capitalisation concerns

THE Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union...
Harrison EDEH -

CBN scraps deposit limits, increases weekly withdrawal threshold

THE Central Bank of Nigeria (CBN) has announced key adjustments to its cash-handling regulations, abolishing the ceiling on cash...
Harrison EDEH -

CBN names department for financial crime, counter-terrorism financing monitoring

THE Central Bank of Nigeria (CBN) has said its newly established Compliance Department would focus on financial crime supervision...
Harrison EDEH -
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Access Holdings Plc announces Ogbonna’s board exit, appoints Ike CEO

ACCESS Holdings Plc has announced the resignation of a non-executive director, Roosevelt Ogbonna, from its board, after serving for...
Ehime ALEX -

NGX Group urges Tinubu to fact-track listing of state-owned enterprises, NNPC

THE Nigerian Exchange Limited (NGX) Group has called on President Bola Tinubu to fast-track the listing of state-owned enterprises,...
Ehime ALEX -
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