REMITA Was Selected Based on Merit – CBN
AMADI CHIGOZIE
The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform...
NOVA Merchant Bank Attracted $65.12m Foreign Direct Investment in 2023
NOVA Merchant Bank has announced that it has achieved a remarkable 76.1 per cent increase in Foreign Direct Investment (FDI) for the year 2023.
Surpassing market expectations, the achievement...
MoneyMaster records rise in customer base, promises more innovations
MoneyMaster Payment Service Bank (MMPSB), a CBN-licensed payment service bank, has been steadily increasing its clientele base across the country. Globacom, total telecommunications solutions...
Fidelity Bank extends GMD’s tenure to 2026
Fidelity Bank Plc says its Board of Directors has extended the tenure of the Chief Executive Officer (CEO), of the bank, Dr Nneka Onyeali-Ikpe,...
FirstBank sets aside N36m for customers in FirstMobile Cash Out second season promo
FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution.
The FirstBank Cash...
Naira volatility: CBN permits banks to fix forex rates
Following persistent fluctuations of the naira exchange rate, the Central Bank of Nigeria (CBN) has permitted banks to sell foreign exchange at rates determined...
Cashless transactions hit N611.06tn in 2023 — NIBSS
The Nigeria Inter-Bank Settlement System on Wednesday said cashless transactions in Nigeria increased to N611.06trn in 2023.
It said the payments grew to N611.06trn from...
Access Bank signs $75m loan agreement with JICA signs to advance climate change measures...
Access Bank signs $75m loan agreement with JICA signs to advance climate change measures in Nigeria
Access Bank Plc, has taken a significant stride towards...
BOI, IFC advocate collaborative financing to enhance Nigeria’s industrialisation agenda
BOI, IFC advocate collaborative financing to enhance Nigeria’s industrialisation agenda
The Bank of Industry (BOI) and the International Finance Corporation (IFC) have stressed the need...
Ghosts file $2.4bn forex claims – CBN boss
----Back discovery with investigation immediately---Unegbu
The Central Bank of Nigeria (CBN) has again uncovered $2.4 billion invalid foreign exchange (forex) claims filed by “ghosts” and...
