CBN sacks directors of First Bank, reinstates Adeduntan

The Central Bank of Nigeria,CBN, has sacked all the directors of First Bank of Nigeria Limited…

CBN queries First Bank for sacking MD

The Central Bank of Nigeria, CBN, has queried the Board of the First Bank of Nigeria…

Senate empowers AMCON to seize assets

The Senate has passed the Asset Management Corporation of Nigeria Amendment bill after considering a report…

George Residence set to accept Bitcoin payments

A luxury hotel in Lekki, Lagos will reportedly accept Bitcoin, BTC, as a form of payment…

GTBank posts N53.7bn profit before tax in Q1, 2021

Guaranty Trust Bank plc has posted a remarkable -N-53.7 billion profit before tax in the first…

Afreximbank orders 220 million COVID-19 vaccines for Africa

A bold attempt to provide 220 million doses of the Johnson & Johnson single-shot COVID-19 vaccine…

Turkey sacks Central Bank’s chief after interest rate hike

Turkey’s President, Tayyip Erdogan has sacked the central bank chief and replaced him with a former…

Afreximbank stakes $350m on phosphate mining

The African Export-Import Bank, Afreximbank, has taken a giant step to boost phosphate mining in Africa…

Osinbajo opts for regulation of cryptocurrency

Nigeria’s Vice President, Prof Yemi Osinbajo said the Central Bank of Nigeria, CBN, should rather regulate…

CBN defends ban on cryptocurrency

The Central Bank of Nigeria,CBN, has stoutly defended the ban on cryptocurrencies — despite growing criticism.…