Ecobank Transnational Incorporated, ETI, has said its chairman, Mr. Kolapo Lawson, will step aside from the bank with immediate effect, while he…
Finance
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Trading activities on the Nigerian Stock Exchange (NSE) closed upbeat with the All-Share Index improving by 0.67 per cent. The index grew…
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Sub-Saharan Africa’s economic growth is expected to increase to six per cent in 2014, from five per cent this year. The growth…
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The Board of Directors of the African Development Bank (AfDB) has approved a 20 million dollars equity investment in ARM-Harith Infrastructure Fund…
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At a major forum convened by the World Bank Group at the just concluded IMF/World Bank Group Annual Meetings in Washington DC,…
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The federal government acting through the Central Bank of Nigeria CBN has banned the wholesome importation of foreign currencies into the country.…
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Ecobank Transnational Inc. (ETI)’s Chief Executive Officer Thierry Tanoh denied allegations of fraud by a senior manager. “The bank’s governance norms are…
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The Federal Government Monday in Abuja handed over share certificates and licences to new core owners of 15 of the 18 PHCN…
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When in 2004, the CBN asked Nigerian banks to put in place a management succession plan, many banks did not take it…
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Four Nigerian banks may lose N88 billion in revenue to the proposed phase out of Commission on Turnover, COT, charges. This may give rise…
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The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2…
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The CBN on Friday released the names of 20 Bureau De Change (BDC) operators whose licences were revoked for alleged foreign exchange malpractices. The…
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The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for…
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The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the ongoing power…
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The Central Bank of Nigeria (CBN) says it has suspended its Wholesale Dutch Auctions (WDAS) to check money laundering in the foreign…