Banking and Finance

N100,000 weekly withdrawal limit will cripple businesses – NECA

NIGERIA Employers Consultative Association (NECA) has said the N100,000 cash withdrawal limit announced by the Central Bank of Nigeria...
Sinafi OMANGA -

Naira redesign: 85% of currency in circulation outside banking system – Emefiele

GOVERNOR of the Central Bank of Nigeria (CBN) Godwin Emefiele has revealed that 85 per cent of the currency in circulation in...
Bankole ABE -

Here is how CBN violates own Act, Fiscal Responsibility Act

THE Central Bank of Nigeria (CBN) has been violating Section 38 of its own Act by overlending the sum...
Harrison EDEH -

CBN, AMCON sell Polaris Bank to new investor, SCIL

THE Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the sale of...
Joseph OLAOLUWA -
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Fidelity Bank to fully acquire Union Bank UK

FIDELITY Bank Plc has entered into a binding agreement for the acquisition of a 100 per cent equity stake...
Joseph OLAOLUWA -

Resignation wave in banking sector an opportunity, not crisis – Suleiman, Sterling Bank CEO

THE Chairman, Conference Consultative Committee of the 15th Annual Banking and Finance Conference, Abubakar Suleiman, has described the wave...
Joseph OLAOLUWA -
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