Zenith Bank Founder Retires
Zenith Bank has officially announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his tenure as chairman of the financial institution. The announcement was ...
Tag: Central Bank of Nigeria
Senate Approves Fresh CBN, NDIC Appointments
The Senate has officially confirmed the nomination of Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), while also approving Peggy Onwu as an independent director on ...
Cardoso: 32 banks hit recapitalisation target before deadline
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso announced on Thursday that 32 banks have already satisfied the revised minimum capital requirements under the ongoing recapitalisation programme, well ahead of ...
High Court Reverses CBN’s Union Bank Board Dissolution
A Federal High Court in Lagos has nullified the Central Bank of Nigeria's (CBN) January 2024 removal of Union Bank's board and management, ruling that the apex bank overstepped its ...
Nigerian Naira Shows Remarkable Resilience as Currency Strengthens to Month-High Levels
The Nigerian naira demonstrated notable strength in Monday's trading session, climbing to N1,527 against the US dollar in the parallel market—marking its strongest performance in over a month and signaling ...
Naira Extends Gains Against Dollar as Central Bank Reinforces Currency Integrity Measures
The Nigerian naira maintained its upward trajectory against the US dollar on Thursday, August 14, marking another day of marginal but consistent appreciation in the official foreign exchange market, according ...
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