Following the announcement of the withdrawal of operational license from Skye Bank Plc by the Central Bank of Nigeria (CBN) on Friday, the apex bank has assured all customers not to panic as their money with the bank is…
In continuation of its enlightenment campaign, aimed at creating awareness and bringing more people into the formal financial sector, the Central Bank of Nigeria (CBN) on Tuesday dated, 20th, July 2017 held a seminar…
In spite of the ongoing recession that is spreading across the country, the Central Bank of Nigeria has decided to reintroduce bank charges for deposits and withdrawals from April 1st 2017. Banks will from that date…
A senior Nigerian lawyer, Femi Falana, has asked the Economic and Financial Crimes, EFCC, to promptly investigate a range of dealings involving alleged diversion of public funds overthe years by government…
Nigeria is indeed a country of boundless absurdities, most of which were "invented" and found their way to the fore just after the exit of PDP which "ruled" the country for sixteen years uninterrupted. The oddity in the…
The ousting of top management at one of Nigeria’s largest banks is deepening concern over the health of the industry. The central bank stepped in to replace the chief executive officer, chairman and 10 other directors…