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CBN

Banking and Finance

Zenith Bank admits to breaching CBN’s credit facilities rules

ZENITH Bank Plc has admitted to breaching the Central Bank of Nigeria (CBN) rules on credit facilities to customers. The...
Ehime ALEX -
Banking and Finance

Zenith, Access, First Bank may suspend dividend payments until 2028, here is why

ZENITH, Access, and First banks are likely to suspend dividend payments to shareholders until 2028, arising from their loan...
Ehime ALEX -
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Crime

Court grants Emefiele ₦2bn bail over Abuja 753 duplexes

THE Federal Capital Territory (FCT) High Court has granted ₦2 billion bail to former Central Bank of Nigeria (CBN)...
Bankole ABE -
Business and Economy

Naira strengthens as deregistration of BDCs over recapitalisation failure looms

THE naira gained strength on Tuesday, June 3, amid concerns that there could be possible deregistration of some licensed...
Ehime ALEX -
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Business and Economy

MPC meeting: CBN keeps interest rate at 27.5%

THE Central Bank of Nigeria (CBN) kept the benchmark interest rate unchanged at 27.5 per cent on Tuesday, May...
Ehime ALEX -
Banking and Finance

Fidelity Bank: CBN dismisses panic reports, affirms banking sector stability 

THE Central Bank of Nigeria (CBN) has reassured the public that the banking sector is stable and that depositors'...
Ehime ALEX -
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