Browsing: Banking

The Central Bank of Nigeria (CBN) has disclosed that there are 8.88 billion pieces of different denominations of Nigerian currencies valued at N2.15 billion in circulation as at March 2019.

EFCC Enugu Zonal Office on Tuesday arraigned a former acting branch manager of Sterling Bank Plc, Oliver Anidiobi for a N187 million fraud.

Sterling Bank Plc has appointed two new executive and one non- executive directors, Messrs Tunde Adeola, Raheem Owodeyi and Subbaramaiah Rajapur, to strengthen its board.

The Central Bank of Nigeria (CBN) yesterday took bold steps to reverse the $4billion Nigeria spends annually on imported textiles and ready-made clothing by kicking off the distribution of cotton seeds and other inputs to farmers in Katsina State.

First Bank of Nigeria (FBN), United Bank for Africa (UBA) and Guaranty Trust Bank (GTB) were the banks that paid most fine in 2018, NSE report has revealed.

ITF governing council and its DG have dragged Commerzbank Representative Office Nigeria before a Federal High Court over alleged failure to pay statutory contribution.

Vice President Yemi Osinbajo says investor-interest is on the rise in Nigeria based on the tracking of investment announcements which indicates a 37% increase from 2017 to 2018.

Nigeria has privitised its Bank of Agriculture (BoA) and wants farmers to prepare for the purchase of 40 per cent shares of the new financial institution.

Tony O. Elumelu at the 21st CITN on 24 April called for far reaching tax reforms and for the National Assembly to urgently pass the Executive Tax bill into law.

GEEP, the micro-credit scheme of the Federal Government of Nigeria which include TraderMoni, MarketMoni and FarmerMoni is racking up awards and recognition