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Former First Bank chairman, Awosika reacts to sack by CBN

Former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has reacted to the sack of the board by Central Bank of Nigeria. She insisted...

CBN orders First Bank to recover loans from Honeywell flour mills

The Central Bank of Nigeria (CBN) has turned down First Bank of Nigeria’s (FBN’s) loan restructuring for Honeywell Flour Mills and subsequently directed the...

Why CBN Sacked board of First Bank

The plan to remove Dr. Adesola Adeduntan as MD/CEO of First Bank Ltd after just appointing him as director of the bank holding company,...

BREAKING: CBN sacks First Bank directors, reinstates Adeduntan as MD

The governor of the Central Bank of Nigeria, Godwin Emefiele, has sacked the entire members of the board of First Bank Holding and First...

Senate empowers AMCON to seize debtors’ assets

The Senate, on Wednesday, passed the Asset Management Corporation of Nigeria (AMCON) Amendment bill. The passage of the bill followed the consideration of a report...

Governors beg CBN over $2.1b refund

Nigerian governors have reached out to Central Bank of Nigeria (CBN) Governor Godwin Emefiele, asking him to halt the plan to start deducting the...

Missing $9.5m: Senate gives Emefiele 72 hours

Senate Committee on Public Accounts on Monday gave Central Bank of Nigeria, Governor Godwin Emefiele, 72 hours to appear before it over an alleged...

BREAKING: CBN announces new charges for USSD services

The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services. The apex bank said from Tuesday...

Bitcoin hits record near $45,000 after Tesla investment

Bitcoin hit a record-high near $45,000 on Monday after Elon Musk's electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $44,795.20 around...

Why Nigerian Crypto community is angry with CBN

The Nigerian crypto community recently received a shocker when CBN released a circular warning financial institutions to desist from dealing or facilitating payments for...

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