CBN
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Wema Bank set to raise N200 billion capital , meet CBN’s recapitalisation deadline – MD
Wema Bank, on Tuesday, said it is set to raise N200 billion capital within the 24-month timeline issued by the…
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TAJBank reports 11.3bn profit as earnings surge by 149%
TAJBank Limited, Nigeria’s foremost non-interest bank, has reported a profit before tax (PBT) of N11.3 billion in its 4th year…
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Emefiele: New bid on seizure of assets by EFCC coming after losing Order Of Final Forfeiture On $4.7 Million, ₦830m, Properties in another court
Information reaching BRANDPOWER indicates that a Federal High Court in Lagos presided over by Justice C.J. Aneke had on May…
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Equity market sustains bullish trend amidst CBN-MPC rate hike
The equity market rose 0.11 percent on Tuesday, amidst the Central Bank of Nigeria’s Monetary Policy Committee raising the policy…
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High monetary policy rate”ll continue to hurt investments – NECA
The Nigeria Employers’ Consultative Association (NECA) has said the apex bank’s successive increase in the Monetary Policy Rate (MPR) will…
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Interest rate hike bad for real sector investment – CPPE boss
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns about the rate hike by the Monetary Policy…
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CBN raises interest rate by 150 basis points to 26.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline interest rate…
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CBN’s cybersecurity Levy ill-timed, negates financial inclusion – Expert
A financial expert, Prof. Uche Uwaleke says the newly introduced 0.5 percent charges on electronic transactions as cybersecurity levy by…
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Unpaid judgment debt: CBN governor to receive contempt notice
A Federal High Court, Abuja has authorised the issuance of notices of contempt proceeding against the Governor of Central Bank…
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Panic as CBN bans Fintech Firms OPay, Palmpay, Kuda Bank, Moniepoint from Onboarding New Customers
The Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend the onboarding of new customers until further…
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