News
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Otedola Expands Stake in FBN Holdings to 13.15% with N16.02bn Purchase
Femi Otedola, Chairman of First Bank of Nigeria (FBN) Holdings, has increased his stake in the financial institution to 13.15%,…
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CBN to supply N1.4trn to increase liquidity in banks, says Cardoso
The Central Bank of Nigeria (CBN) says N1.4 trillion will be distributed in the next three months to aid cash…
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CBN to sanction banks for not dispensing cash via ATMs, plans N1.4 trillion for circulation
The Central Bank of Nigeria (CBN) has announced that it will sanction banks failing to dispense cash through their automated…
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CBN confirms FAAC allocations impacting exchange rate stability
The Central Bank of Nigeria (CBN) has alluded that there is a correlation between monthly disbursement from the Federation Account…
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Why CBN Raises interest rates to 27.25%,
Nigeria’s Central Bank stunned the global financial community on Tuesday when its Monetary Policy Committee (MPC) voted unanimously to raise…
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HIGHLIGHTS OF DECISIONS AT THE FEDERAL EXECUTIVE COUNCIL MEETING HELD ON MONDAY, 23RD SEPTEMBER 2024
The meeting backed the President’s idea of setting up a Disaster Relief Fund to be funded by a portion of…
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Access Holdings posts N146.1 billion pre-tax profit in Q2 2024, reports N412 billion as “unrealized” FX gains
Access Holdings Plc, Nigeria’s largest bank by total assets, reported a pre-tax profit of N146.1 billion in the second quarter…
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Lagos Court Jails Businessman Four Years for Issuance of False Documents
Justice R. A. Osodi of the Special Offences Court sitting in Ikeja, Lagos, on Friday, September 20, 2024, convicted and…
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Court dismisses suit seeking to replace 27 pro-Wike lawmakers in Rivers
A Federal High Court sitting in Abuja has dismissed a suit seeking an order declaring the seats of the 27…
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Obasanjo: Thieves can’t provide just governance
Former President Olusegun Obasanjo has demanded that corrupt politicians be jailed for their misconduct, arguing that “thieves cannot provide just…
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