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Tag Archives: Central Bank of Nigeria (CBN)

Zenith, Union Banks’ announce new board members after CBN approval

Zenith bank 44

Two leading commercial banks, Zenith Bank Plc., and Union Bank of Nigeria Plc have announced changes to the membership of their Board of Directors. Whereas in Union Bank, the changes ...

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Why CBN can’t freeze BVN deficient accounts for long


Considering the height of financial illiteracy in the country and ongoing drive by stakeholders to deepen financial inclusion amongst the rural dwellers, the Central Bank of Nigeria (CBN) will continue ...

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Mint lower naira denominations, stop warning us on abuse, Nigerians tell CBN

naira notes

Friday’s nationwide warning of Nigerians by the Central Bank of Nigeria (CBN) against abusing the naira notes, has elicited hot responses from market men and women who return the warning ...

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Best bet in financial inclusion, poverty reduction is Mobile money banking—CBN

CBN Godwin-Emefiele

The Central Bank of Nigeria (CBN) has once again maintained that the best option to drive away poverty, boost financial inclusion and advance financial technology is the penetration of mobile ...

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Former Zenith Bank chiefs Ovia, Emefiele trace feats to training at UNN

Zenith Ajose Adeogun

Dual banking wizkids, chairman of Zenith Bank Plc., Mr Jim Ovia, Governor of the Central bank of Nigeria (CBN), Dr. Godwin Emefiele, have traced their resilience and observed heights in ...

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Fate of 9mobile may hobble national roaming deal with ntel


Though latest entrant to the nation’s telecoms industry and broadband operator, ntel, has flagged off a national roaming field trial with troubled telecommunications network operator, 9mobile, industry analysts are apprehensive ...

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UNN graduating students’ fault Emefiele’s lecture presentation

CBn Emefiele

…Call for making entrepreneurial skill a core-course for all  Mixed reactions have continued to trail lead presentation of the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele at the ...

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You either collaborate with FinTechs or fade away soon, CBN tells Banks


The truth of the century on the future of banking was recently made clear to the Nigerian money deposit banks (MDBs), by the Central Bank of Nigeria (CBN) at the ...

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If up to $9bn interventions since February can’t converge rates, then…

CBN Godwin-Emefiele

As the endless wait for all market exchange rates to converge since February this year seems not to be working 10 months after; analysts have started raising issues on the ...

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Frustrated BoI loan applicants’ give insights, seek bank probe

BoI logo 2

There has been a growing outcry of thousands of small and medium scale business operators over what they described as business initiative killing activities of the Bank of Industry (BoI). ...

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