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CBN orders banks to sell excess dollars in 24 hours

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Amid its fresh moves to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their...

Meet Union Bank’s new CEO, Yetunde Oni

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Barely hours after the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over...

Zenith Bank listed on world finance exclusive list of 100 top...

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Zenith Bank Plc has been listed in the World Finance exclusive list of 100 top global companies in 2023 by World Finance Magazine. The Bank achieved this...

Wema Bank awards N1m each to two customers in its ‘5...

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Wema Bank, pioneer of Africa’s first fully digital bank, ALAT, has awarded one million naira each to its customers, Muritadho Opeyemi and Chiamaka Ugonna,...

World Bank disburses $300m palliative loans

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The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up. The PUNCH on Wednesday learnt that the bank...

Ogun bank official flees with N1.97m, arrested in Oyo

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The Ogun State Police Command has arrested a credit officer of a microfinance bank, Esther Hamidu, after allegedly fleeing with customers’ contributions totalling N1.97m. PUNCH...
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