Business

Banks set new ATM withdrawal limits for customers below CBN’s provision Nigerian commercial banks have set withdrawal limits on their automated teller machines (ATMs). Findings by TheCable also showed the limits vary across…

The innovative and proactive efforts of the board and management of Fidelity Bank Plc in recent years may have transformed it into the fastest growing bank in Nigerias banking industry today, especially when seen through the prism of…

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that law enforcement agencies were investigating $2.4 billion unverified claims out of the $7 billion foreign exchange backlog he inherited. …

Naira makes biggest gain in months, exchanges N1,250/$ at parallel market The Naira is sustaining its honeymoon as it appreciated against the dollar on Monday, exchanging N1,250 to a dollar. The FX rate is a 0.43…

Nigerian banks are healthy enough to meet CBN's Recapilisation target -ACAMB The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country…

When the Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso, amplified President Bola Tinubu’s call for the upgrade of the Nigerian economy to $1 trillion GDP at the 58th annual bankers’ dinner, last November, some players within the…

In the first six months after taking office, 13 new state governors collectively borrowed N226.8 billon from domestic and external financiers, Sunday Punch reports. This emerged as findings by…

Binance executive drags Ribadu to court over detention The detained Binance executive, Tigran Gambaryan, has sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC) over alleged…

Naira will continue to stabilise – Shettima assures Vice President Kashim Shettima has assured that the naira will continue to stabilise in the coming weeks and months. Shettima gave the assurance at the inauguration of the…

EU launches €9m energy projects in Nigeria  The European Union (EU) has launched two new projects worth €9 million in Nigeria’s energy sector in continuation of its commitment to support the federal government in providing…