Heritage Bank Plc has announced the appointment of Mr. Adewunmi Ogunsanya, SAN as a Non-ExecutiveDirector (NED) of the Bank.
The Central Bank of Nigeria (CBN) has frowned on incessant illegal money transfer flows through the Deposit Money Banks (DMBs) operating in the country.
As the Central Bank of Nigeria (CBN) reduced Commission on Turnover (CoT) to N1 per every N1000, Deposit Money Banks (DMBs) in the country have leveraged...
Nigerian naira experienced a further slump against the dollar at the parallel market on Wednesday selling at N402 against the dollar.
The Central Bank of Nigeria (CBN) has readmitted United Bank for Africa (UBA) into the Foreign Exchange Market following its remittance of all NNPC/NLNG dollar deposits.
The local currency, the Naira ended on a positive note at the close of last week’s interbank market, closing at N308 per dollar which was about...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been elected President of the Association of African Central Banks (AACB).
The global leader in payments, Visa Inc says it is bringing its mobile payments solution, mVisa to Nigeria.
Debt Management Office (DMO) on behalf of the Federal Government of Nigeria has raised a total sum of N219.58 billion in local currency denominated bonds with...
The President of Nigeria, Muhammadu Buhari, has sought for the cooperation of African Central Banks in the repatriation of illicit cash.