Tag: NDIC

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Barely Hours After, Skye Rebrands Twitter Handle To @PolarisBankLtd

Barely Hours After, Skye Rebrands Twitter Handle To @PolarisBankLtd

Barely two hours after the Central Bank of Nigeria (CBN) announced the revocation of its operating license, the management of Skye Bank Plc, on Friday...
AMCON Needs Support Of Judges To Recover N5.4tr NPL, Says Justice Kafarati

AMCON Needs Support Of Judges To Recover N5.4tr NPL, Says Justice Kafarati

The Chief Judge of Federal High Court, Abuja Division, Justice Adamu Abdu Kafarati, has reiterated the need for judges in Nigeria to support the recov...
CBN’s Fine Shows Need For Improved Corporate Governance By Banks, Says NDIC Boss

CBN’s Fine Shows Need For Improved Corporate Governance By Banks, Says NDIC Boss

Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, says last month’s N5.87bn fine levied by the...
CBN Gov, NDIC Boss, Bank Chiefs, FinTechs, For 2018 FICAN Confab

CBN Gov, NDIC Boss, Bank Chiefs, FinTechs, For 2018 FICAN Confab

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is to deliver the keynote speech at the 2018 annual conference of the Finance Correspo...
CBN To Begin Monthly Assessment Of Banks’ Loan Records

CBN To Begin Monthly Assessment Of Banks’ Loan Records

In view of the high growth rate of bad loans in the books of banks and advice by members of the Monetary Policy Committee (MPC), the Central Bank of N...
Zenith Bank 2018Q1 Profit Up 25.6%, Hits N47.08bn

Zenith Bank 2018Q1 Profit Up 25.6%, Hits N47.08bn

The board of Zenith Bank, on Thursday presented its 2018Q1 earnings score-card, the high point of which was the 25.55% rise profit after tax to N47.07...
Cashless Banking: CBN, NCC Seal Deal To Enhance Mobile Payments

Cashless Banking: CBN, NCC Seal Deal To Enhance Mobile Payments

As part of enhancing cashless banking operations in the country, the Central Bank of Nigeria (CBN), on Tuesday in Abuja sighed a Memorandum of Underst...
SEC, CBN, Pencom, NAICOM Partner For Increased Financial Inclusion In Nigeria

SEC, CBN, Pencom, NAICOM Partner For Increased Financial Inclusion In Nigeria

Caption: Head Awareness Unit, Micro Pensions Department National Pensions Commission (Pencom), Mrs Obiageli Okosi; Head, Research Department, Pencom, ...
CBN Bars Commission On Retail Fx Sales, Intervenes With $210m

CBN Bars Commission On Retail Fx Sales, Intervenes With $210m

As agreed during last week’s meeting of the Bankers’ Committee, the Central Bank of Nigeria (CBN), on Monday announced abolition of commissions on ret...
Sterling To Seek Stand-Alone Islamic Banking Licence

Sterling To Seek Stand-Alone Islamic Banking Licence

• Says Selection Process Of New MD Rigorous, Transparent Outgoing Managing Director of Sterling Bank Plc, Yemi Adeola, at the weekend gave its futu...
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