Fmr CBN Gov. Advices CBN To Drive Down The Inflation Rate

Former Central Bank of Nigeria Governor Lamido Sanusi has advised Olayemi Cardoso, the current governor of the top bank, to take calculated steps to...

Currency Rates Strenghtens As CBN Reboots FX Reform

Oil shipments have strengthened the country's gross external reserves position, and the Nigerian naira has begun to recover from demand shocks that hit foreign...

Bank Debt of Manufacturers in Nigeria Increases to N6.98 Trillion in June – CBN

The Central Bank of Nigeria (CBN) has revealed that the outstanding debt owed by manufacturers to banks in the country surged from N5.56 trillion...

No Inadequate Supply Of Naira Notes – CBN

Nigerians have been reassured by the Central Bank of Nigeria (CBN) that the country's Naira note supply is sufficient. This was said in a...

Reps Call CBN, Others Over Misuse Of $321m Loans For Electricity Projects

The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and eleven electricity distribution companies (DISCOs) to testify about...

Interswitch Sees N30bn Loss To Chargeback Fraud Scheme

The massive payments infrastructure provider Interswitch is facing financial danger after losing a staggering ₦30 billion, or around $40 million, to a chargeback fraud...

CBN Reassures Nigerians of Ample Currency Reserves, Dispels Cash Scarcity Rumors

The Central Bank of Nigeria (CBN) has moved swiftly to assure the public that it possesses an ample stock of currency notes, firmly debunking...

Stanbic IBTC Bank Nigeria PMI: New Orders Fall Amid Record Rise In Input Costs

The Nigerian private sector dipped into contraction in October as a record increase in input costs impacted customer demand. Sharply rising prices also discouraged...

Access Bank Pledges Sustainable Growth And Economic Resilience In Lagos Through Landmark Trade-Enabling Projects

Leading financial institution, Access Bank PLC has entered into an agreement with the African Export-Import Bank (Afreximbank) to support and finance key trade-enabling projects...

Stanbic IBTC Pension Managers Unveils Second Season Of FUZE Talent Show

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative and creative initiative –...

Judge Threatens To Order The Arrest Of Former CBN Governor Emefiele Over $53m Debt

Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been given till January 25 by the Federal High Court in...

Stanbic IBTC Partners With Nigerian Breweries / Felix Ohiwerei Education Trust For The 9th Edition Of Maltina Teacher Of The Year Competition

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, collaborated with the Nigeria Breweries/Felix Ohiwerei Education Trust for the 9th Edition of the Maltina...

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