CBN

Banking and Finance

How CBN’s interest rate hike threatens recapitalisation – Analysts

Experts have raised  concerns that the Central Bank of Nigeria's (CBN) bid to sustain interest rate hikes may throw...
Ehime ALEX -
Banking and Finance

Again, Nigeria’s foreign reserves fall by $1.8bn amid CBN’s BDCs interventions

NIGERIA's foreign external reserves have dipped further by a $1.8 billion margin in barely 10 weeks - from $...
Harrison EDEH -
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Banking and Finance

CBN refutes plans to revoke Unity, Polaris, Keystone banks’ licences

THE Central Bank of Nigeria (CBN) has refuted a report claiming it has set to revoke the licences of...
Ehime ALEX -
Banking and Finance

What Heritage Bank’s licence revocation means for customers, investing public

THE revocation of Heritage Bank Plc's licence would not have come as a surprise to industry watchers, following the...
Ehime ALEX -
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Banking and Finance

CBN revokes Heritage Bank’s operating licence

THE Central Bank of Nigeria (CBN) has revoked the operating licence of Heritage Bank Plc with immediate effect. The CBN...
Ehime ALEX -
News

Nigeria has cleared 98% of foreign airlines’ trapped funds, says IATA

THE International Air Transport Association (IATA) said Nigeria has cleared 98 percent of foreign airlines' trapped funds, urging the...
Ehime ALEX -
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