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Banks owe MTN N40 billion as digital revenue climbs by 101%

MTN Nigeria has said that banks are indebted to it to the tune of N40.3 billion as of the end of first quarter 2021 on the account of unstructured supplementary

Business Day CBN Energy Guardian Power Premium Times Uncategorized

Electricity Consumers praise CBN for N120bn power intervention

By Obas Esiedesa As a part effort to support and grow revenue of the power sector, the Central Bank of Nigeria, CBN, last week disclosed that it has disbursed about

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CBN and corporate malpractice cover-up

Until last week, many Nigerians without insider knowledge of what goes on behind the banking halls, thought the country could count on a stable financial system as it pulls through

Business Day CBN Guardian News Premium Times Uncategorized

CBN, experts advocate collaboration among MFBs on microinsurance

CBN By Babajide Konolafe The Central Bank of Nigeria (CBN) and financial sector experts  have called for collaborative efforts among microfinance banks (MFBs) to promote the expansion of microinsurance as a tool

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Shareholders task CBN on insider-related credit policies

CBN Shareholders of First Bank of Nigeria Ltd. have tasked the Central Bank of Nigeria (CBN) on policies that would guard against insider-related borrowings by bank directors in the industry.

Business Business Day CBN Guardian Premium Times Uncategorized

CBN sacks First Bank, FBN Holdings directors, retains Adeduntan as MD

Godwin Emefiele, CBN Governor. By Emma Ujah, Abuja Bureau Chief & Babajide Komolafe The Central Bank  of Nigeria, CBN, yesterday, removed the Boards of Directors of First Bank of Nigeria

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CBN sacks Awosika, Otudeko, appoints new board for First Bank

CBN The Central Bank of Nigeria (CBN) has approved the appointment of Tunde Hassan-Odukale as Chairman of First Bank of Nigeria Limited (FBN).   CBN also approved the appointment of

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CBN sacks First Bank Directors, retains Adeduntan as MD

CBN Governor, Mr Godwin Emefiele By Emma Ujah – Abuja The Central Bank of Nigeria (CBN) Thursday, removed the Boards of Directors of First Bank of Nigeria Plc and the

Breaking Business Business Day CBN First Ban First Bank MD Guardian Latest Premium Times Uncategorized

Nigeria: CBN Reinstates First Bank MD

The Central Bank of Nigeria has reinstated Sola Adeduntan as MD/CEO of First Bank Nigeria. The CBN also sacked all directors and named new board members for both FBN and

Business Business Day CBN Guardian Power Sector Premium Times Uncategorized

How CBN’s 120bn intervention is pushing power sector growth – Stakeholders

By Obas Esiedesa Stakeholders in the power sector have noted that the N120 billion investments by the Central Bank of Nigeria, CBN, would improve power supply across the country especially