The Group Managing Director/Chief Executive Officer, Access Bank Plc, Dr Herbert Wigwe, has been recognised for his outstanding contributions to Corporate Governance and Rule of Law in Nigeria’s banking industry. This is according to a statement...
The Central Bank of Nigeria (CBN) is to establish the Nigerian International Financial Centre (NIFC). CBN Governor, Godwin Emefiele who made this known at the 14th Annual Banking & Finance Conference, being organized by the Chartered...
After controversy generated by members opposed to it, the Senate, on Wednesday, passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill. It followed the consideration of a report by the Committee on Banking, Insurance, and...
The Asset Management Corporation of Nigeria (AMCON) has asked for the establishment of a special tribunal for timely recovery of N5.4 trillion debt. It also seeks the National Assembly to be accommodated in the provisions of...
The Central Bank of Nigeria (CBN) has announced the revocation of operating licences of seven payment service providers (PSP), and one switch operator. The bank, in an official gazette of the federal republic of Nigeria, listed...
Nigeria plans to start a fund that will operate a bridge bank to nurse struggling lenders back to health. The Central Bank of Nigeria will inject N10bn, or an amount that still needs to be determined...