Category: Banking

Edun Bids Outgoing World Bank Country Director, Chaudhari, Farewell.

,,,,Lauds Bank’s Impact on Nigeria’s Economy* By Goodluck Ikiebe . The Minister of Finance and Co-ordinating Minister of the Economy, Mr Wale Edun, has...

CBN Unfolds New Capital Base of N500b For Banks.

By Goodluck B Ikiebe in Abuja. The Central Bank of Nigeria (CBN) has announced new minimum capital requirements for all banks operating in the country. Hakama Sidi-Ali,...

CBN Revokes Licenses Of 4,173 BDCs; Lists Offences.

By Goodluck B Ikiebe. THE Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureau De Change (BDC) Operators. The bank’s Acting Director of...

Poor network hits banks, business centres in Lokoja.

By Dada Ahmed in Lokoja. Many bank customers in Lokoja Kogi State, North Central Nigeria, who visited their banks in Lokoja to withdraw money from ATM on...

Tinubu sacks Emefiele, nominates Cardoso as new CBN Governor.

By correspondent. Dr.Olayemi Michael Cardoso President Bola Ahmed Tinubu has sacked the suspended CBN Governor, Mr. Godwin Emefiele, and nominated Dr. Olayemi Michael...

Money Laundering: CBN Places Cameroon, Vietnam, Croatia on Watchlist .

By GNN Correspondent in Abuja. src=”https://thereporters.com.ng/wp-content/uploads/2023/07/Screenshot_20230707_1116592-300×169.jpg” alt=””...

Ogun governor to banks: Refuse old naira notes,remain shut

Governor Dapo Abiodun of Ogun state. Photo credit: Vanguard news. By Correspondent in Abeokuta & Lokoja. The governor of Ogun state, Dapo Abiodun, vowed to close...

Former banker hails CBN cash withdrawal policy, others kick

Photo credit: Vanguard Nigeria. By Dada Ahmed in Lokoja. A former banker,Mal.Mohammed Otu, has commended the Federal government on its recent cash withdrawal policy....

Nigeria’s Apex Bank Floats New Designed Currency Notes By December

Photo credit:Totori news. By Ijeoma Nwankpa The Central Bank of Nigeria, CBN, has introduced a newly designed naira notes of 200, 500 and 1000 to be implemented by...