Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender to Strategic Capital Investment Limited. The new board …
Nigerian Government have warned that given the constant reductions in FAAC Allocation to states, it would be suicidal if the Central Bank of Nigeria (CBN) goes ahead to carry out its proposed recovery of …
CBN, The Central Bank of Nigeria has announced the sale of Polaris Bank to a new owner, four years after the government took over the distressed Skye Bank, renamed it before …
The Nigerian government is to restructure its record N20 trillion debt to the central bank to bonds, a step seen as availing the revenue-starved government the luxury of longer time …
In a bid to reduce the rate of unemployment in Nigeria, The CBN (Central Bank of Nigeria) has developed a new strategy that involves offering 500k Grants to young entrepreneurs. …
The Central Bank of Nigeria is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption. In total, the bank is …
The House of Reps has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on Wednesday during plenary after …
The Central Bank of Nigeria (CBN) has commenced deductions from accounts of defaulters under its development finance interventions to recover outstanding loans. Yusuf Yila, director, development finance of the CBN, said this …
The Central Bank of Nigeria (CBN) has stated that the eNaira application has so far recorded a total of 905,588 downloads. CBN Governor, Godwin Emefiele, revealed this on Tuesday in Abuja after the Monetary …
The Central Bank of Nigeria (CBN) says it will debit all banks in the country on Thursday, Sept. 29, for the Cash Reserve Ratio (CRR) to allow for the mopping-up of liquidity. …