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Independent Africa

Nigeria’s apex bank endorses first banking merger under revised capital requirement

The Central Bank of Nigeria has given the green light for the merger between Providus and Unity Bank, with both institutions now awaiting the...

Business

Monetary reforms showing positive outcomes – CBN

The Central Bank of Nigeria has announced that its monetary policy reforms are starting to yield positive results for the country's economy. In response to...

Independent Africa

Former Central Bank boss in Nigeria challenges detention

Godwin Emefiele, recently suspended as head of Nigeria's central bank, has sued the Department of State Services (DSS), the nation's secret police, over his...

Business

Johann Rupert displaces Dangote as Africa’s richest man – Forbes

A disclosure made by Forbes Magazine, says South African Johann Rupert has surpassed Nigerian billionaire businessman Aliko Dangote to become the wealthiest person in...

Independent Africa

Nigeria Elections :We are all set – INEC

The Independent National Electoral Commission (INEC), says all is set for the conduct of the general elections in the Federal Capital Territory (FCT), . Ms...

World

Naira scarcity: Three APC Governors sue Nigeria’s Buhari over new Naira notes

Governors Nasir El-Rufai of Kaduna, Yahaya Bello of Kogi, and Bello Matawalle of Zamfara have filed lawsuits against the federal government over the Central...

Independent Africa

Nigerians complain about lack of new naira notes in banks

A cross-section of Nigerians across the nation have bemoaned the lack of new naira notes in the Central Bank of Nigeria (CBN). Meanwhile the institution...

Independent Africa

What a waste of time and resources … what is the difference? Nigerians unimpressed with redesigned banknotes

Nigerians have challenged the central bank's proposal to "redesign" the local currency of the nation in order to stop money laundering and large-scale hoarding...

Business

Ghana, Nigeria contest world’s worst currencies – Report

The naira of Nigeria and the cedi of Ghana are currently the two worst-performing currencies in the world, with the naira losing 37% and...

Independent Africa

CBN, NIBSS, set to introduce national card scheme

The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, in conjunction with Bankers’ Committee will soon float a national card...

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Tag: Central Bank of Nigeria

Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia

Agradaa describes moment shared with President Mahama heavenly – Agradaa

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia