In its commitment to make the growth of the small and medium scale enterprises (SMEs), its primary focus, SunTrust Bank gave out a whopping N23.96 billion as loans and advances…
Read More Real Sector Growth: SunTrust Bank renews commitment with N23.96billion
BEbun Francis| The Central Bank of Nigeria (CBN) has warned members of the public to beware of the activities of Messrs. Azimo and Messrs. Transfer Wise, both of which are…
Read More Azimo, Transfer Wise not registered IMTOs, Says CBN
The Nigeria Deposit Insurance Corporation (NDIC) on Friday said limited understanding and the widespread misconception of the Deposit Insurance System (DIS) in Nigeria was largely responsible for the pool of…
Read More Why pool of deposits in closed banks remain unclaimed – NDIC
Ebun Francis| The Central Bank of Nigeria on Friday warned Banks against paying recipients of diaspora remittances in local currency. In a circular to International Money Transfer Operators and Payment…
Read More CBN threatens to sanction operators paying local currency from diaspora remittances
By our reporter| The Senate on Wednesday extended the implementation of the 2020 budget which was supposed to lapse on 31st December, 2020 to 31st March, 2020. The decision, the…
Read More 2020 appropriation implementation extended to March, 2021 by Senate