Despite error on validity of old naira notes, CBN’s policy indecisiveness embarrassing – Rep Ogene insists
Rep Afam Victor Ogene, Leader of the Labour Party Caucus in the House of Representatives, has said that despite the unintended factual error in the motion asking the Central Bank…
Beauty, depth, diversity …Why Coronation set up an art gallery – Ngozi Akinyele
Ngozi Akinyele, Chief Marketing and Communications Officer, Coronation Group speaks on a wide range of issues relating to the bank's interest in art. It's an illuminating journey. Coronation is a…
CBN sacks NIRSAL board, MD, other directors
The Central Bank of Nigeria (CBN) has sacked the board and executive directors of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). A CBN source confirmed on Saturday.…
₦555m Fine: Fidelity Bank fights back, claims no data was breached
Fidelity Bank has disputed data breach allegations levelled against it by the Nigerian Data Protection Commission (NDPC). In a statement on Wednesday, a spokesperson for the bank, Meksley Nwagboh, said…
It’s excessive, ill-timed! Bank directors reject 70% windfall tax
The Bank Directors Association of Nigeria has termed the proposed 70 per cent windfall tax on profits generated from foreign exchange transactions by banks as not only excessive but also…
Why CBN withdrew Heritage Bank’s operating license
The Central Bank of Nigeria (CBN) has revoked the operating licence of Heritage Bank. The Acting Director, Corporate Communications, CBN, Hakama Sidi Ali, disclosed this in a statement on Monday.…
CBN replaces sacked Union, Polaris, Keystone bank CEOs
The Central Bank of Nigeria (CBN) has announced the appointment of new chief executive officers for Union, Keystone and Polaris banks following the sacking of the board of the companies.…
CBN sacks Union, Polaris, Keystone bank boards, management
The Central Bank of Nigeria (CBN) on Wednesday, dissolved the boards and management of Polaris, Union and Keystone Banks. In a statement signed by the apex bank's Hakama Sidi Ali,…
Investigator summons ex-CBN deputy gov, others over contradictory statements on Union Bank sales
The Special Central Bank of Nigeria (CBN) Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection with the controversial acquisition of Union Bank of…
Emefiele rejects probe report on CBN, says it’s ‘Misleading, barefaced lies’
Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has denied allegations of corruption and theft in a recent report by the special investigation panel on CBN and…