On Tuesday, the Central Bank of Nigeria (CBN) approved a significant financial support package to facilitate the merger between Unity Bank Plc and Providus Bank Limited.…
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The National Communications Authority (NCA) has addressed growing public concerns about high internet data costs and MTN’s status as a Significant Market Power (SMP). The NCA…
CBN Governor Olayemi Cardoso Addresses Interest Rate Concerns The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians and private sector investors…
Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), has confirmed that Dangote Refinery will commence production of Premium Motor Spirit…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, highlighted concerns about the increasing transaction volumes of non-bank financial institutions (NBFIs) in West Africa,…
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that some customers have not received their insured deposits due to discrepancies in their information. NDIC Managing Director…
The Bank of England (BoE) has issued a warning about the potential for market volatility and economic repercussions due to policy uncertainty tied to upcoming elections…
President Akufo-Addo has directed the Finance Ministry to release ¢1.5 billion to support customers affected by the banking sector clean-up. This announcement was made by Finance…
The World Bank has greenlit a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector Management Assistance…
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has weighed in on the recent revocation of Heritage Bank’s license by the CBN.…