In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of the Central Bank of Nigeria (CBN), as…
By Philemon Adedeji The Nigerian Exchange Limited (NGX), All-Share Index (ASI) and Market Capitalisation appreciated by 0.48 per cent during the week to close the week at 55,794.51 index points and N30.395 trillion respectively. Absolutely, all other indices finished higher…
FirstBank of Nigeria has appointed Aishatu Bubaram as Group Executive, Commercial Banking North Division, making her the first female from Northern Nigeria to attain an executive management position in the bank. Prior to her appointment, she was the Group Head,…
By Olumide David The Union Bank of Nigeria has reaffirmed its interest and commitment to a just and equitable society by promoting equity, justice, and the continuous inclusion of women in all fields of human endeavour, particularly in technology. A…
By Olumide David The widespread rejection of the old N500 and N1,000 notes has worsened by banks’ refusal to accept deposits of the notes without registration on the Cash Return Portal (CRP) of the Central Bank of Nigeria (CBN). With…
The Naira gained further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters window. The rate represented an increase of 0.05 per cent, compared to the N461.25 for which it exchanged to the dollar…
The Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, on Wednesday in Lagos said the bank has made good progress in addressing gender imbalance. This is even as he said that the objective remains that in…
By Olumide David Banks in Awolowo road, one of the longest street and the most populated street with bank branches in Lagos were found not dispensing cash yesterday. Polaris, Gtbank, Union Bank, Unity bank, First bank, Heritage bank, FCMB, Access,…
The Central Bank of Nigeria (CBN) issued operational guidelines for open banking in Nigeria on Wednesday. The guidelines establish principles for data sharing across banking and payment systems. In the guidelines, the CBN shall provide and maintain an Open Banking…
As part of initiatives to mark International Women’s Day, IWD 2023, Nigerian lender, Unity Bank Plc has announced the launch of Unity Bank Women Network to foster greater inclusion, equity, and opportunities designed to promote gender empowerment. While announcing the…
