Naira plunges to 1082/$ despite CBN’s $2bn debt repayment The naira has lost 26.36 per cent of its value against …
Banking
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Banks borrow N19.8tn from CBN – Report Commercial and merchant banks increasingly depended on liquidity from the Central Bank of Nigeria in …
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BankingEconomy
UBA Secures US$175m Facility from AfDB For Infrastructure Development, Others
by Daudu Johnby Daudu JohnUBA Secures US$175m Facility from ADB For Infrastructure Development, Others Towards enhancing its support to the private sector and financing …
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BankingBusiness
Firs Bank CEO reacts to application of Humanoid Robots across branches
by Daudu Johnby Daudu JohnFirs Bank CEO reacts to application of Humanoid Robots across branches First Bank of Nigeria, a pioneer in innovative banking solutions, …
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BankingEconomy
CBN bars crypto bank account operators from cash withdrawal
by Daudu Johnby Daudu JohnCBN bars crypto bank account operators from cash withdrawal Cash withdrawals will not be possible from accounts opened for virtual and digital …
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Afrexim bank disburses $2.25bn loan to FG The Federal Government on Friday received a $2.25b foreign exchange support facility from the African …
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BankingBusiness
CBN reduces intervention loans as repayments rise by 27.4% to N264bn in half year
by Daudu Johnby Daudu JohnCBN reduces intervention loans as repayments rise by 27.4% to N264bn in half year The Central Bank of Nigeria says …
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BankingNews
Euromoney Names Zenith Bank as Best For Digital Solutions In Nigeria
by Daudu Johnby Daudu JohnEuromoney Names Zenith Bank as Best For Digital Solutions In Nigeria Zenith Bank Plc has been named the “Best Bank …
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COP28: Development Bank wins $400,000 award The Development Bank of Nigeria has won the 2022 Arab Gulf Programme for Development Prince Talal …
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Banking
Insecurity, economic hardship to worsen in six states, says World Bank
by Daudu Johnby Daudu JohnInsecurity, economic hardship to worsen in six states, says World Bank Persistent insecurity, armed conflict, and deteriorating livelihoods will continue …