Tag: CBN
Dollar set to crash further as CBN pumps additional $180m
In keeping with its determination to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) on Monday released another $100m...
Naira appreciates further at parallel market
The naira on Thursday consolidated its gains against the dollar at the parallel market, few days after the Central Bank of Nigeria (CBN) announced...
Naira counterfeiting is less than one per cent – CBN
The Central Bank of Nigeria (CBN) has denied reports that about 20 per cent of the Naira currency notes in circulation are counterfeited.
In a...
Four executive directors of Skye Bank resign
Four executive directors of Skye Bank have tendered their voluntary resignation, the bank announced in a statement on Friday.
The directors who had served in...
Heritage Bank sacks 400 staff, more to go
Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December.
There is apprehension in the bank as more workers...
Heritage Bank moves to deepen support to agric value chain
Heritage Bank Plc has disclosed plans to revolutionise the agricultural value chain field, particularly the rice farming that will enhance agribusiness and aid economic...
You can’t occupy CBN, police warn protesters
The FCT Police Command has warned a group named OccupyCBN against its planned protest at the Central Bank of Nigeria (CBN) headquarters, Abuja on...
Grow your money like grass: Another Ponzi, NNN, entices Nigerians with...
With participants still reeling under the freezing of the operation of Mavrodi Mondial Movement (MMM) in Nigeria, another Ponzi scheme has emerged with promises...
Former Ecobank staff jailed over N8billion CBN currency scam
Justice Emmanuel Ayo Nathaniel of the Federal High Court sitting in Ibadan, Oyo State, on Wednesday, convicted and sentenced Tope Akintade, a former staff...
Skye Bank considering sale of subsidiaries to boost capital
Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting...