Tuesday, August 11, 2020
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Offa Robbery: Police Arrest 12 Suspects in Lagos, Offa, Ilorin, Ibadan

The police have trailed and arrested in Lagos two of the Offa robbery suspects who allegedly took part in the deadly attack on five...

SEC Extends Free e-dividend Registration Till Feb 28th

The apex regulator of the Nigerian capital market, the Securities and Exchange Commission has announced an extension of the period for the free e-Dividend...

Bank Robbers Raid Police Station, Kill Two

On Wednesday at 5 PM, a gang of thieves invaded a community in Lapai, Niger State. They raided a police station while robbing two financial...

CBN, Banks to Establish Agric/SME Fund

Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the Bankers’ Committee will establish an Agriculture-Small and Medium Scale Enterprises (AGSME) fund...

CBN Tells Banks to Play Active Role in Economic Recovery

The Central Bank of Nigeria (CBN) has said banks have a critical role to play in returning the economy to normalcy as their financial...

CBN Halts Banks Sacking Workers

Bank workers will no longer nurse the fear of losing their jobs as the Bankers Committee yesterday halted retrenchment by banks. Central Bank of Nigeria...

CBN Accuses Banks of Forex Round Tripping

Central Bank of Nigeria (CBN) on Monday accused banks of foreign exchange (forex) round tripping and vowed to mete out sanctions on erring institutions. Forex...

Is Naira on Recovery Path as Banks Begin Sale of Forex...

By Akin Akinremi The resumption of sale of foreign exchange to Bureau De Change operators in the country may soon see dollar appreciate in all...

SEC Urges Banks to Accept Dividend Warrants into Savings Account

The Securities and Exchange Commission (SEC) has asked MDBs to start accepting dividend warrants to be deposited into savings accounts. This follows the directive from the Central...

CBN Asks Banks to Review Forex-denominated Loans

The Central Bank of Nigeria (CBN) on Wednesday urged banks to review foreign currency denominated loans in line with the Prudential Guidelines for Deposit...
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