Banking
Naira appreciates by 0.67% against dollar at official market
The Naira on Tuesday further appreciated at the official market trading at N1,473.66 to the dollar. Data from the official...
CBN assures Nigerians of safety of bank deposits
The Central Bank of Nigeria (CBN) has reassured the banking public of the safety of their deposits and the banking...
Naira appreciates against dollar by 0.02% at official market
The Naira recorded a marginal appreciation at the official market trading at N1,483.62 to the dollar at the close of...
Naira trades N1,500/$ at parallel market, falls by 0.78% at official window
The naira appreciated to N1,500 per dollar at the parallel section of the foreign exchange (FX) market, popularly called black...
Otedola accuses Zenith Bank of fraud, releases damning evidence
Businessman Femi Otedola has accused the chairman of Zenith Bank, Jim Ovia, of engaging in fraudulent activities involving the bank...
NDIC to begin payment to 2.3 million Heritage Bank depositors this week
The Nigeria Deposit Insurance Commission (NDIC) has said it will begin payment to the 2.3 million depositors of Heritage Bank...
No plan to revoke licenses of Unity, Polaris, Keystone banks – CBN
The Central Bank of Nigeria (CBN) has refuted reports that it plans to revoke the licences of Unity, Polaris, and Keystone banks....
New customers: CBN lifts ban on Opay, Monie point, others
Fintech platforms, OPay, Moniepoint, Kuda, Palmpay, and Paga, are to resume onboarding of new customers this week, following the lifting...
NDIC to pay maximum of N5 million to Heritage Bank customers
The Nigerian Deposit Insurance Corporation (NDIC) will pay a maximum of N 5 million to insured depositors of Heritage Bank,...
CBN revokes licence of Heritage Bank
The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This...