CBN
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Fake News: CBN has plans to revoke licences of more banks
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks…
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Heritage Bank: Economist says acquisition better option, not revocation
An economist, Prof. Evans Osabuohien, says acquiring Heritage Bank by another investor would have been a better option than outright…
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Cardoso says strengthening national capacities for debt management crucial for govt’s funding needs
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says strengthening national capacities for debt management is…
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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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