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GTBank, UBA, Standard Chartered Bank, First Bank, Citibank, 7 Others Forfeit...

The Central Bank of Nigeria (CBN) has deducted a total of N499,175,535,097 from the accounts of 12 banks under its supervision, over their failure...

5% Bank Customers Will Be Affected By New Cashless Policy, Says...

he Central Bank of Nigeria (CBN) has refuted claims that the new policy of fees being charged on deposits and withdrawals on savings account...

Nigeria’s GDP Drops to 1.94% in Q2 From 2.10% in Q1-...

The National Bureau of Statistics (NBS) has said the nation’s  Gross Domestic Product (GDP) grew by 1.94per cent (year-on-year) in real terms in the...

Banks Persuade Customers to Return Mutilated Naira Notes Before Deadline 

Following a directive from Central Bank of Nigeria (CBN), banks operating in the country have continued to urge customers to return mutilated naira notes...

UPDATE: Zenith Bank Reports 4% Increase in Profit to N88.9bn, proposes...

Zenith Bank plc on the Nigerian Stock Exchange (NSE) has announced four per cent increase in profit before tax in its audited result and...

Inflation Rate Decelerates by 0.14% To 11.08% in July – NBS

The National Bureau of Statistics (NBS) has said the Consumer Price Index, (CPI) which measures inflation rate decelerated to 11.08 per cent in July...

Inflation Rate Drops by 0.18% to 11.22% in June- NBS

The National Bureau of Statistics (NBS) has said the nation's inflation rate dropped by 0.18 per cent to 11.22 per cent in June from...

President Buhari Vests Printing and Minting Plc with Sole Authority to...

President Muhammadu Buhari has directed that the production and personalization of all Nigerian E-passports and related documentation shall be the sole responsibility of the...

Access Bank Denies Union Bank of Nigeria Acquisition

Access Bank plc on Monday denied social media rumour of acquiring Union Bank of Nigeria plc. The lender this year  had merged with Diamond Bank...

Manufacturing Index closes June at 57.4 index points- CBN

The Central Bank of Nigeria (CBN) has said its manufacturing Index moved to 57.4 index points in June from 57.8 index points reported in...
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