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Business

Banks must accept old US dollar notes or face penalties, warns CBN

The Central Bank of Nigeria (CBN) has issued a stern warning to its regulated entities against the continued rejection of old series and lower...
Business

Wema Bank set to raise N200 Billion capital within CBN’s 24-month deadline

Wema Bank, on Tuesday, said it is set to raise N200 billion in capital within the 24-month timeline issued by the Central Bank of...
Business

GTBank reacts as customers face continued mobile app technical glitch

In a recent update, GTBank acknowledged the challenges faced by customers due to technical glitches in the GTWorld Mobile Banking App following a recent...
Cover Stories

CBN to sanction banks dispensing old Naira notes

The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks still dispensing old Naira notes ahead of the Jan. 31 deadline for...
Local News

Nine injured as fire guts bank building in Lagos

Nine persons were injured when fire gutted a bank building under construction on Adeola Odeku Street in the Victoria Island of Lagos State. The Lagos...
Local News

CBN destroys over N6tn banknotes under Buhari

The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President...

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