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Recapitalisation: Sterling HoldCo to Raise N200 billion from Capital market

….Delivers 36% increase in assets and more dividend to stakeholders …Receives Commendations At Inaugural AGM Sterling Financial Holdings Company PLC, plans...

FirstBank hosts cybersecurity webinar to enhance payment technology safety

  Photo Caption: Olusegun Alebiosu, Managing Director/Chief Executive Officer, FirstBank FirstBank has educated businesses and customers on the latest advancements...

Stolen’ $6.2m: How money was shared between Emefiele and others — Investigators

Caption: •Emefiele in court   One of the investigators handling the case of $6,230,000 allegedly stolen from the Central Bank of Nigeria (CBN) on February 8,...

Naira depreciates by 0.17% against dollar at official market Naira

  The Naira on Thursday slightly depreciated at the official market trading at N1476.24 to the dollar. Data from the official trading platform of the FMDQ Exchange,...

Obazee Report:20 Directors of CBN given the boot

….Nine survive the gale of sack and retirements As the government of President Bola Tinubu- quietly implements the Jim Obazee report,not less than twenty out of...

Alleged Ethnic Cleansing at CBN: Northern youths threaten nationwide shutdown

  Caption: •CBN Governor Yemi Cardoso   The Conference of Autochthonous Ethnic Communities Development Association (CONECDA) Youth Wing has threatened to...

CBN refutes alleged plan to revoke more banking Licenses

  The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks (DMBs). The Acting Director, Corporate Communications, of...

CBN hammer falls on Heritage Bank,License revoked

  The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This is according to a statement issued by...

IATA commends CBN for Clearing ,$831m Foreign Airlines’ Trapped Funds-

  The International Air Transport Association,IATA has commended the Federal Government for clearing foreign airlines trapped funds worth $831m from June last year...

Lagos Court Orders Forfeiture Of $1.4m Linked Emefiele

  Goldfish has no hidden place. This is what has become the lot of former Central Bank Governor,CBN,Godwin Emefiele as Justice Ayokunle Faji, of a Lagos Federal...