Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday confirmed it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the…
Read More No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN
Our reporter/ The Central Bank of Nigeria (CBN), on Monday revoked the banking licence of Heritage Bank Plc with immediate effect. According to a statement by the Ag. Director, Corporate Communications…
Read More Why CBN revoked operating licence of Heritage Bank
Our reporter/ The retrenchment of staff embarked upon by the Yemi Cardoso led management continued on Friday as 14 of the 17 directors who initially survived the ongoing purge at…
Read More Names of CBN directors sacked by Cardoso Some financial and economic experts have advised the Monetary Policy Committee of the Central Bank of Nigeria to retain the lending rate of 24.75 per cent. The experts, who gave…
Read More CBN advised to retain 24.75% lending rate The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has hinted that interest rates would remain high until inflation rate is tamed. The apex Bank governor, according to…
Read More Interest rates would stay high until inflation is tamed, says Cardoso