Some banks in Nigeria have given deposit targets to their workers as they face low cash inflow due to the…
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The Central Bank of Nigeria (CBN) has denied accreditation to foreign printers that have been printing cheque books for some…
Call it what you think but its definitely a blessing in a strange way as the Popular Nigerian actor, Segun…
The Senate on Thursday approved a $75 million World Bank loan for Edo state’s Development Policy Operation (DPO) as requested…
The Bank of Industry (BoI) has launched a N1billion fund for the country’s fashion industry. Managing Director of the bank,…
Nigeria’s Bank of Industry (BoI) has launched a 1 billion naira fund for the country’s fashion industry. Managing Director of…
The Central Bank of Nigeria (CBN) on Friday initiated a meeting that would lead to the revival of the country’s…
Sincerely banks do make us go crazy,(irrespective of who you are). The popular actress,Gloria Young, is one of the many people…
Connect Nigeria held its 3rd annual business fair themed ‘e-Business and the Growth of Your Enterprise’ on February 21st…
A team of anti-robbery policemen attached to Area A Police Command, Lion Building Friday arrested six young men around 8:…
Nigeria’s ousted central bank chief was on Sunday named Emir of Kano, the country’s number two Muslim leader, following the death of the previous incumbent, the state government announced. “The state government received their recommendations and Allah…
French President Francois Hollande said on Wednesday that he will again defend BNP Paribas bank against a huge fine for alleged sanctions busting, when he dines with US President Barack Obama later in the day. Hollande told journalists during a visit…
Nigeria’s new central bank governor began work on Tuesday, starting a fresh chapter in Africa’s biggest economy after his predecessor’s tenure ended in scandal and claims of political connivance. Godwin Emefiele took over from Sanusi Lamido Sanusi,…
The Turkish central bank seemed close to being caught in cross-fire over its independence and interest rates on Wednesday when the finance minister came to its defence despite criticism from the prime minister. Last week the central bank, which had…
Scandal-hit Barclays has been fined more than £26 million pounds after a former trader at the bank was accused of trying to manipulate the price of gold, Britain’s financial regulator said on Friday. The Financial Conduct Authority said in a statement…
Shareholders of state-rescued Royal Bank of Scotland will not get to vote on allowing its bankers to earn an EU bonus cap of twice their salary, the government said Friday. UKFI, the body that manages the government’s 81-percent stake in the lender,…
A New York regulator probing Credit Suisse’s role in enabling tax evasion has demanded a trove of additional documents from the bank, a person familiar with the situation said Tuesday. Benjamin Lawsky, New York’s superintendent of financial services…
Scores of Islamist gunmen attacked a police station, a court and a bank in northern Nigeria on Wednesday, killing seven officers and a civilian, a police chief told AFP. The raid in the town of Gwaram in Jigawa state began at 1:00 am (0000 GMT) and…
Turkish Premier Recep Tayyip Erdogan called Friday on the central bank to cut interest rates in order to stimulate the economy as political instability saps momentum. “The central bank should hold an extraordinary meeting to cut (rates) … just as…
A Nigerian court on Thursday said intelligence agents broke the law when they seized the passport of ousted central bank governor Lamido Sanusi and ordered the government to pay damages and publicly apologise. Sanusi was suspended on February 20, less…