Hope Ashike

The Central Bank of Nigeria (CBN) on Wednesday said it will impose a penal fee of N1 million per branch of Deposit Money Banks (DMBs) for payment of counterfeit banknotes from ATMs and…

The Central Bank of Nigeria (CBN) after the first Monetary Policy Committee (MPC) meeting for the year retained its monetary policy rate in consideration of economic risks (global and…

As the Nigerian economy faces more volatility occasioned by risk factors from policy normalisation in the developed markets to the potential change of the Central Bank of Nigeria (CBN)…

FSDH Research, an arm of FSDH Merchant Bank is expecting the Nigerian economy to grow by 2.48 percent in 2019 from a growth projection of 1.94 percent in 2018. Ayodele Akinwunmi, head of…

Ahead of the Monetary Policy Committee (MPC) meeting decision tomorrow (Tuesday), analysts in the financial services sector anticipate no change in the key monetary policy stance of the…

Central Bank of Nigeria (CBN), on Thursday unveiled the National Financial Inclusion Strategy (NFIS) designed to ensure that at least 80 percent of Nigerians have access to banking and other…

In keeping to its corporate social responsibility (CSR) of complementing the physical infrastructure of schools across Lagos State, Access Bank donated a block of four classrooms,…

That most Microfinance Banks (MFBs) are not connected to a switch, raising processing time and costs of operation, is a barrier to achieving the financial inclusion target. Being connected…

Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria (CBN), will converge in Abuja on Thursday, January 17 and Friday, January 18, 2019, for the launch of key…

The Central Bank of Nigeria (CBN) has granted an approval in principle to Access Bank plc, following its merger with Diamond Bank plc recently. Victor Etuokwu, executive director,…