Banking&Finance - Page 9

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

2 years ago

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Emefiele: CBN Sacks Boards Of Keystone,Polaris,Union & Titan Banks

Mohammed Shosanya The Central Bank of Nigeria (CBN) has sacked the boards of Union Bank, Polaris Bank, Keystone Bank and Titan Trust Bank. The apex bank in a statement signed by its

1 year ago

Banking&Finance·Business

CBN To Unveil Stablecoin Next Month

Mohammed Shosanya The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin and set to launch on February 27, 2024. The cNGN is powered by the

1 year ago

Banking&Finance·Business

No Plans To Take Over Commercial Banks,Says CBN

Mohammed Shosanya The Central Bank of Nigeria (CBN) has faulted rumours that Nigerian Banks are distressed insisting that the depositors’ funds are safe and sound. The apex bank conveyed this in a

1 year ago

Banking&Finance·Business

Moniepoint MFB Launches Referral Program

Mohammed Shosanya Moniepoint Microfinance Bank has announced the launch of its latest initiative, “the Moniepoint Personal Banking Refer and Earn” program. The bank’s action is in tandem with the spirit of giving,

1 year ago

Banking&Finance·Business

CBN Gives Updates On Cash Scarcity

Mohammed Shosanya The Central Bank of Nigeria (CBN) says it is addressing the reported cases of cash scarcity in some major cities across the country. It blamed the current situation on the

1 year ago

Banking&Finance·Business

Nigerian Banks Sound, Safe -CBN

Mohammed Shosanya Reports alleging that some licensed commercial banks in the country failed to meet the Capital Adequacy Ratio, (CAR) are fake and baseless,the Central Bank of Nigeria,says Its spokesperson, Sidi Hakama,

1 year ago

Banking&Finance·Business

CBN Raises The Alarm Over Fake Naira Banknotes In Circulation

The Central Bank of Nigeria CBN,Friday raised the alarm over circulation of counterfeit Naira notes in circulation warning the general public to beware of the fake notes in their daily transactions. The

1 year ago

Banking&Finance·Business

CBN Directs Banks To Accept Old,Redesigned Naira Banknotes

Mohammed Shosanya The Central Bank of Nigeria (CBN),Wednesday directed all banks across the country to continue to issue and accept both the old and redesigned Naira notes, declaring that both monies remain

1 year ago

Banking&Finance·Business

CBN Mulls New Forex Laws To Stabilize Exchange Rate

Mohammed Shosanya The Central Bank of Nigeria,will soon introduce a new set of foreign exchange laws and guidelines to address naira depreciation and achieve exchange rate stability in the country. Governor of

1 year ago

Banking&Finance·Business

All Banknotes Remain Legal Tender Indefinitely -CBN

Mohammed Shosanya The Central Bank of Nigeria CBN on Tuesday declared that both the both the old naira notes, and the redesigned naira notes would remain legal tenders in the country. The

1 year ago

Banking&Finance·Business

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