Banking & Finance
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383CBN Gives Banks More Time as Legal Hurdles Stall Recapitalisation
Central Bank of Nigeria (CBN) has said that deposit money banks (DMBs) yet to meet the ongoing recapitalisation requirements will continue operations...
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222World Bank Targets $23b Private Funding for Africa through Stronger Guarantees
The Multilateral Investment Guarantee Agency (MIGA) is ramping up efforts to unlock private capital for Africa, with plans to more than double...
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196We’re Not Propping Up Naira –CBN
The Central Bank of Nigeria (CBN) has dismissed suggestions that it is heavily intervening in the foreign exchange (FX) market to support...
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224AfDB Approves $200m Lifeline for BOI to Power SMEs, Jobs, Green Growth
The African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BOI), in a major push...
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106CBN Unveils New Forex Manual to Boost Market Liquidity
The Central Bank of Nigeria on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to...
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113CBN Order: Four Banks Release 321,181 Dormant Accounts
Four banks have published details of no fewer than 321,181 dormant accounts following a directive by the Central Bank of Nigeria, The...
