Finance & Banking

PRESIDENT TINUBU NOMINATES NEW CBN GOVERNOR AND MANAGEMENT TEAM FOR SENATE SCREENING AND CONFIRMATION

PRESIDENT TINUBU NOMINATES NEW CBN GOVERNOR AND MANAGEMENT TEAM FOR SENATE SCREENING AND CONFIRMATION   President Bola Tinubu has approved the nomination of Dr. Olayemi Michael...

Customs authorities held a meeting with non-compliant banks regarding the remittance of duties

The Nigerian Customs Service announced on Sunday that it recently deactivated only two banks due to their failure to remit collected duties. The service also...

Banks grapple with N478 billion in non-performing loans amidst a challenging economic downturn

  During the first half of this year, at least four banks collectively reported non-performing loans amounting to N478 billion in their financial results. Specifically, Guaranty...

Deputy CBN Governor Aishah Ahmad arrested and held by DSS, with a reported $300 million involved

On Saturday, the Department of State Services (DSS) apprehended and placed Mrs. Aishah Ahmad, the Deputy Governor of the Central Bank of Nigeria (CBN),...

Sterling GMD and its directors acquire an additional N514 million worth of shares

The directors of Sterling Financial Holdings Company Limited have demonstrated their confidence in the financial institution by actively purchasing its shares. In the latest insider...

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