Tag: Central Bank of Nigeria
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Access Bank Records N1.69 Billion Fraud Loss in 2024, Faces N1.2 Billion in Regulatory Penalties
In a stunning revelation that underscores ongoing vulnerabilities in Nigeria’s banking sector, Access Bank Plc, one of the country’s foremost financial institutions, has disclosed...
CBN Revokes Heritage Bank Licence Over Financial Instability
The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank Plc, citing the bank's failure to improve its financial performance,...
More Naira Notes As Banks Get Old Notes Deposited with CBN today
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the...
2023: CBN Governor, Godwin Emefiele, Not Interested in Presidential Race
No doubt, President Muhammadu Buhari bears, like a badge, an indecipherable flame of affection for the Central Bank of Nigeria, CBN Governor, Godwin Emefiele.
Honestly,...
Heritage Bank to Disburse CBN’s N100bn Loan to Health, Sells FX to SMEs, Education Sectors
As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse...
