Apex Bank

A bill to stop the Governor of the Central Bank of Nigeria (CBN), the Deputy Governor, and its Directors from partisan politics is under work in the House of the Representatives. The bill which scaled the second reading after a voice…

Standing on an intelligence report, the Central Bank of Nigeria(CBN) has warned its members of staff to take extra security measures to guarantee their safety as the nation is gripped by worsening insecurity that has put all in constant…

By OLADELE OGUNTIMEHIN Following public outcry and the opposition from both government and the banks in the country, MTN Nigeria Thursday reversed its earlier plan on its new charging model for access to banking services via the USSD…

The Central Bank of Nigeria (CBN) has opened up more opportunities for the insurance industry in a new guideline which bars banks from compelling customers seeking loans to purchase the products of their insurance subsidiaries as a…

The Central Bank of Nigeria on Wednesday said that its decision to restrict foreign exchange for importation of 41 items and other complementary policies were effective in bringing the country’s economy out of recession. It said the…

The Central Bank of Nigeria (CBN) yesterday gave a notification to revoke the operating licences of 154 microfinance banks in the country. According to Punch newspaper, six primary mortgage banks and 22 other finance companies…

BARBARA BAKO, Abuja. With the growth rate at 1.5 percent in the last quarter of the year, the Monetary Policy Committee of the Central Bank of Nigeria on Tuesday concluded that the economy is weak. This admission by the apex…

Kenya’s economy is likely to expand by 6.2 per cent this year, the central bank’s governor, Patrick Njoroge, said on Tuesday. Njoroge told a news conference in Nairobi that the forecast was based on the economy’s performance in the first…