Tag:CBN

Odeghe quits board of Fidelity Bank as Executive Director

Obaro Odeghe who is in charge of Corporate Banking of Fidelity Bank Plc as Executive Director in the last two years has resigned from...

Group Expresses Displeasure Over Hike In Banks’ Cash Reserve Ratio

Shareholders under the aegis of Independent shareholders Association of Nigeria (ISAN) have expressed displeasure over the hike in banks’ mandatory Cash Reserve Ratio (CRR). ISAN’s...

Power firms owe banks N820bn, sector’s problems persist

The debt owed to Nigerian banks by operators in the power sector rose by 11.85 per cent in one year to N819.97bn in August...

Igbo Traders petitions to CBN over indiscriminate bank charges 

The South-East Amalgamated Markets Traders Association has addressed a petition to the Central Bank of Nigeria alleging indiscriminate bank charges by commercial banks . In an...

CBN assures investors of banks’ stability, soundness

The Central Bank of Nigeria (CBN) says all metrics and indications indicate that the Nigerian banking system remains strong, stable, and is playing a...

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Man sentenced to life imprisonment after impregnating 15-year-old daughter

Ekpo Lawrence, 42, was convicted and sentenced to life in prison by the Lagos State Domestic Violence and Sexual...
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Price of oil surpasses $90 per barrel, first time since 2014

Brent oil exceeded $90 per barrel on Wednesday, reaching its highest level in more than seven years, roiled by...

Catholic priests declare homosexuality practice, advocate against discrimination

OpenLife Nigeria reports that more than 100 Catholic church officials in Germany came out as lesbian, gay, bisexual, and...

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Man sentenced to life imprisonment after impregnating 15-year-old daughter

Ekpo Lawrence, 42, was convicted and sentenced to life...

Price of oil surpasses $90 per barrel, first time since 2014

Brent oil exceeded $90 per barrel on Wednesday, reaching...