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CBN DG, CIBN President, ex-Minister, 83 others inducted as IoD members     

Prominent members of Nigeria’s business community and chief executives were at the weekend inducted as new members of the prestigious Institute of Directors (IoD)....

Group urges govt to deal with illegal mining in Osun

An indigenous nongovernmental organization, Hope for Family Development Initiative (HFDI), has urged governemt to deal with the problem of illegal mining activities in Osun...

CBN revokes licence of Bauchi-based microfinance bank

The Central Bank of Nigeria (CBN) has revoked the operations licence of Garu Microfinance Bank. The Bauchi-based microfinance bank was closed to the public...

RIFAN urges farmers in Katsina to repay ABP loans

The Rice Farmers Association of Nigeria (RIFAN) in Katsina State has urged its members who benefited from the first phase of the Anchor Borrowers...

MTN, CBN and Nigeria’s depleted forex reserves

I struggle with the argument that any company is too big to fail; if indeed MTN Nigeria has contravened our laws, they should be...

Ahmed, Emefiele join economic experts at IMF/WBank meeting

The Minister of Finance, Mrs Zainab Ahmed and the Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, will join other economic experts from...

CBN will not debit bank’s portion of the remittances – Stanbic IBTC

Stanbic IBTC bank has informed shareholders that it has received assurance from the Central Bank of Nigeria (CBN) that it will not be debited...

CBN withdraws Skye Bank license, secure customers’ deposit with bridge bank

The Central Bank of Nigeria (CBN) has withdrawn the license of Skye Bank Plc after two years of providing life line to the bank....

Investors pull $491.4m to close trading at I/E window

Investors at the Import and Export (I&E) on Wednesday pulled 491.37 million dollars at the window end of trading. Also the Naira was sold...

CBN challenges banks on innovative solutions for MSMEs growth

The Central Bank of Nigeria (CBN) has challenged the banks and other financial institutions to evolve creative solutions to solving financing challenges being faced...