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CBN’s recall of BDCs into FX Market boosted Naira Recovery- says Gwadabe

Gwadabe ...Naira up by N660 since BDCs’ return to FX market   The Association of Bureaux de Change Operators of Nigeria, ABCON, an umbrella body of the...

Zenith Bank Appoints Adaora Umeoji as GMD/CEO

Umeoji Zenith Bank Plc has announced the appointment of Adaora Umeoji, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval...

Navigating Turbulence: Nigerian Banks Gear Up for Uncertain 2024—Olubunmi

Olubunmi A Financial Analyst, Ayokunle Olubunmi, says several factors including policy changes, economic conditions and technological advancements will influence the Banking Sector performance in 2024.   Olubunmi,...

How interest rate, Inflation, exchange rate will shape economic growth in 2024 -Augusto & Co 

A Pan-African Credit Rating Agency Agusto & Co.has identified three major economic variables that are likely to fareaching impact on Nigeria's growth in Gross...

Nigerian Apex Bank appoints new CEOs for Union, Keystone, Polaris Banks

Few hours after dissolving the board and management of Polaris, Union, and Keystone banks, the Central Bank of Nigeria, CBN, has appointed new chief...

Manufacturers to face huddle in 2024 but will eventually triumph-MAN  

In broad terms, the year 2024 may start on a tough note for manufacturing but may end with some measured improvements because the envisaged...

CBN Directs Banks to Issue, accept Old, Redesigned Naira Banknotes

  Following the order of the Supreme Court on Wednesday, November 29, 2023, granting the prayer of the Minister of Justice and Attorney-General of the...

NDIC clarifies misleading news reports on liquidation of 20 Banks

The Nigeria Deposit Insurance Corporation, NDIC, wishes to address the recent misleading news reports circulating on various social media platforms under the headline "CBN...

NDIC pays N1.084 billion to depositors of the closed MFBs/MPBs

Following the revocation of licenses for 179 Microfinance Banks and 4 Primary Mortgage Banks by the Central Bank of Nigeria, CBN, the NDIC immediately...

NCC, NDIC, SEC NIA, Others Converge in Lagos for FiBOP 2023 Annual Conference 

Regulators and stakeholders in Finance, Business and other segments of Nigeria's economy are set to gather in Lagos for the 2023 Finance and Business...

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