Tag: CBN
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Fake News: CBN has plans to revoke licences of more banks
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks (DMBs).The Acting Director, Corporate...
Heritage Bank: Economist says acquisition better option, not revocation
An economist, Prof. Evans Osabuohien, says acquiring Heritage Bank by another investor would have been a better option than outright revocation of its operating...
Cardoso says strengthening national capacities for debt management crucial for govt’s funding needs
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says strengthening national capacities for debt management is crucial for meeting government’s...
Wema Bank set to raise N200 billion capital , meet CBN’s recapitalisation deadline – MD
Wema Bank, on Tuesday, said it is set to raise N200 billion capital within the 24-month timeline issued by the Central Bank of Nigeria(CBN).Mr...
TAJBank reports 11.3bn profit as earnings surge by 149%
TAJBank Limited, Nigeria’s foremost non-interest bank, has reported a profit before tax (PBT) of N11.3 billion in its 4th year of operations.According to the...
