The Governor of the Central Bank of Nigeria, Godwin Emefiele, told the House of Representatives on Tuesday that commercial banks in Nigeria will still accept old naira notes from customers after the deadline of February 10.
Emefiele stated this while appearing before the ad hoc committee set up by the House of Representatives on CBN naira redesign policy, though he did not say how long the expired…
The board of Directors of the United Bank for Africa Plc, has appointed Mrs Abiola Bawuah, as chief executive officer of UBA Africa.
The bank disclosed via a statement on Monday that Bawuah would also join the group board as an executive director, overseeing the Group’s…
Fidelity Bank Plc, at the Annual Global Banking & Finance Awards which held in London, UK, has been announced as the ‘2022 Best SME Bank’ in Nigeria by the Global Banking & Finance Review.
Global Banking & Finance Review, a leading online, digital, and print…
People’s Democratic Party (PDP) presidential candidate Atiku Abubakar congratulated President Muhammadu Buhari on agreeing to extend the deadline for exchanging old naira banknotes for recycled ones.
In a series of tweets about verified addresses, the former vice president noted that the Central Bank of Nigeria (CBN) is finally listening to patriotic voices.
It is commendable that patriotic…
Nigeria’s second fifth generation (5G) technology services provider, Mafab Communications Limited, has said its long-term plan is to roll out services across the country starting with six cities.
The operator, which won the 3.5 gigahertz (GHz) spectrum in 2021 alongside…
The federal government has extended the registration deadline for DML, a digital money lender.
The federal government has extended the registration deadline for Digital Money Lenders, DML.
This was included in a statement released Friday by Federal Competition and Consumer…
Working with experts is the secret of my success, says FCMB founder Otunba Subomi Balogun.
January 11, 2023
Otunba Subomi Balogun, the founder of the First City Monument Bank (FCMB) Group, claims that by prioritizing God and surrounding himself with thoroughbred experts, he was able to successfully navigate the Central Bank of Nigeria’s (CBN) N25 billion recapitalization policy.
He continued by saying that the two elements had greatly influenced his achievements. He said that there had been…
Nigerians can now easily receive FastCash loans of up to N200,000 (two hundred thousand Naira) in minutes to fulfill emergency financial needs, pay children’s school fees, and pay rent.
FastCash is an instant loan product sponsored by First City Monument Bank that is…
Stanbic IBTC announced the appointment of new board members in its group companies.
January 3, 2023
Following receipt of the necessary regulatory approvals, Stanbic IBTC Holdings Plc (Stanbic IBTC), a member of Standard Bank Group, has announced the appointment of new directors throughout the Group.
These nominations were in accordance with Stanbic IBTC’s history of…
The African Export-Import Bank’s (Afreximbank) Fund for Export Development in Africa (FEDA) has announced that it has received internal approvals to acquire a strategic minority stake in Geregu Power Plc.
FEDA is the development impact investment platform of Afreximbank with the mandate of providing capital towards advancing intra-African trade, export development and industrialization in…