Banks

Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of 24% in gross earnings from NGN765.6 billion reported in the previous year to NGN945.5 billion in 2022.…

Following the naira crunch which has hit hard on the economy putting many businesses and individuals in a suffering condition even before the general elections. The Central Bank Of Nigeria (CBN) has today decided to take a fast…

Nigerian Communications Commission (NCC) has recently revealed that the multiple failing electronic transactions are not to be blamed on telcos as the country’s telecommunication networks can absorb the surge in the demand for cashless…

The Central Bank of Nigeria (CBN) has reveiwed the tenure limit for all Executive Management and Non-Executive Directors of banks and financial institutions. This was contained in a circular recently sent to all banks, titled:…

Following the today old N200 note remaining legal tender for 60 days decision of President Buhari. The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has taken a bold step to meet with the operators of…

According to the information privileged to the media, about N500 billion of the new notes have been injected into circulation since December 15, last year. Today’s plan by the apex plan to pump more cash, close  to N1 trillion…

PRESS RELEASE

Recently, the Supreme Court on Wednesday suspended the Central Bank of Nigeria’s deadline for exchanging old for new Naira notes (CBN). It was gathered that the Supreme Court issued an injunction preventing the Federal…

By Festus Adedayo I am peering at the viral video of the naked young man inside the banking hall as I write this. His manhood dangles like the pendulum of the Grandfather Clock of colonial Nigeria. He is totally naked, even as…

Recently, the Independent Corrupt Practices and Other Related Offences Commission has bursted on a Bank having its Manager hoarding the new naira notes by wrap to ensure the new baur notes doesnt dispense properly. It was…