The Central Bank of Nigeria will be raising N50 billion by the end of 2024 from a 0.005 percent cybersecurity […]
Category: Banking & Finance
SEC warns against capital market infractions, to commence enforcement
THE Securities and Exchange Commission (SEC) has warned individuals and business entities engaging in activities contrary to laid down regulations […]
CBN approves $20,000 for eligible BDCs at N1,580 exchange rate
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at […]
Chartered Institute names MCO DG, Engr Simon Nkom ‘Best Public Servant in Nigeria’
The Chartered Institute of Management and Leadership (CIML), Commonwealth, Kentucky, USA, has bestowed its ‘Best Public Servant Leader […]
CBN sacks NIRSAL executive directors
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk […]
BREAKING: NDPC fines Fidelity Bank N555.8m for data breach
The National Data Protection Commission has fined Fidelity Bank a total sum of N555.8m for infractions relating to breaches of […]
Stock market rebounds, gains N66bn
THE Nigerian equity market, on Tuesday, recovered from the previous session’s decline, recording a N66 billion gain. Investor interest in […]
UAE-based Company lodges ‘extortion claim’ against Ecobank
A United Arab Emirate based Company, Agrico Agbe has lodged extortion claims with the Central Bank of Nigeria against Ecobank […]
Just In: CBN sells $148m to 29 authorised dealers
The Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign […]
Sustained CBN’s monetary policy integral to strengthening Naira – Gwadabe
The President, Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadabe, says recent monetary policy decisions of the Central […]