The Central Bank of Nigeria has said it will offer loans to National Youth Service Corps members to start small and medium scale enterprises, which they will repay in seven years. The CBN Governor, Dr Godwin Emefiele, who stated this…
Titan Trust Bank set to redefine retail banking in Nigeria
Barring any last-minute changes, one of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set for entry into the Nigerian banking industry in grand style, in a matter of weeks. The…
CBN Act demands we defend Naira, says Emefiele (Nation)
The Central Bank of Nigeria (CBN) vowed on Saturday to sustain its policy of defending the naira against world currencies for the next five years. It said the policy is backed by the CBN Act. Speaking at a Consultative Roundtable…
FirstBank: Demystifying financial inclusion with XploreFirst
Worried by the increasing rate of the unbanked population, the federal government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult population by 2020. The CBN carried…
UBA appoints Abdoul Aziz Dia to its Board
United Bank for Africa (UBA) announced Thursday Mr Abdoul-Aziz Dia’s appointment to the bank’s Board of Directors subject to the approval of the Central Bank of Nigeria. A statement by the bank said Mr Dia, a Senegalese citizen, has over…
Firstmonie: FirstBank processes N1Trillion transactions, spearheads CBN’s Financial Inclusion drive
Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018. The network also achieved…
FirstBank empowers over 7000 students on financial literacy, commemorates GMW
Nigeria’s premier financial services brand, First Bank of Nigeria Limited, joined over 50,000 global institutions to commemorate the 2019 Global Money Week (GMW), which took place on March 25 – 31, 2019. The 2019 Global Money Week is themed “Learn…
CBN, banks set aside n200bn for agric, export (Independent)
The Central Bank of Nigeria (CBN) and the Bankers Committee, an umbrella body of commercial banks in the country, yesterday said they have set aside N200 billion facility to support and standardise agricultural produce exportation. Mr. Kennedy Uzoka, Managing Director,…
CBN to retire N162b short-dated bills over costs (Guardian)
The Central Bank of Nigeria (CBN), in the next three months, is expected to remove not less than N162.49 billion from the country’s domestic debt profile, put at N12.29 trillion as at September 30, 2018. The move, coming amid revenue…
Leave Keystone Bank, 9mobile alone, share your manifesto with Nigerians – Gbenga Ogunleye
There have been interesting events in the political terrain in the past few weeks, but the one that has gained unnecessary attention was this allegation by the opposition Peoples Democratic Party (PDP) that the President Muhammadu Buhari and his family…
