Central Bank of Nigeria
NOVA Merchant Bank appoints acting managing director, CEO
NOVA Merchant Bank Limited has announced the appointment of Anya Duroha as acting managing director following the exit of Chinedu…
‘Recapitalization alone can’t improve fortunes of Nigerian microfinance banks’
It would take more than recapitalization or financing to improve the fortunes of microfinance institutions in the country, according to…
Diamond, Stanbic IBTC shares drop as investors react to sanctions by CBN
Share prices of Diamond and Stanbic IBTC, the two listed banks fined by the Central bank of Nigeria (CBN) for…
MTN Nigeria denies CBN claims that it illegally repatriated $8.1bn
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four…
Nigeria central bank asks MTN to return illegally repatriated $8bn, slams 4 banks for aiding, abetting
The Central Bank of Nigeria (CBN) Wednesday asked telecoms major, MTN Nigeria to return $8 billion it illegally repatriated and…
Local meter manufacturers pushing for higher participation
The preference for importation of goods and services is still very much prevalent in Nigeria, despite the push by the…
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