CBN - Central Bank Of Nigeria
NDIC issues steps for customers of Heritage Bank to get refund
The Nigerian Deposit Insurance Corporation (NDIC) has disclosed how depositors of failed Heritage Bank would get the complete insured amount in a week.
Nigeria can kickstart new business climate with potentials of cryptocurrency - Fintech expert
Wale Fakorede, a fintech specialist, has urged the government to transform the economic environment by highlighting the real-life cryptocurrency narrative.
Nigerians react as bank launches ram loans scheme for Sallah celebrations: “Clap for APC govt”
Nigerians on social media have faulted the management of a microfinance bank in the north as it released N150million as Sallah ram loans for its customers.
“There must be a probe”: Heritage Bank shareholders demand investigation after CBN action
A few minority shareholders have asked that the board and management of the now-defunct Heritage Bank be investigated to know why CBN revoked the bank's license.
Naira value rises against US dollar as CBN quotes new exchange rate for pound, euro
The value of Nigerian currency improved in the foreign exchange markets against the US dollar, and there are signs that the weeks ahead will be better.
Released WhatsApp chat of sacked Heritage Bank worker surfaces online, causes commotion
A WhatsApp conversation a man had with a sacked Heritage Bank worker has stirred mixed reactions online. The ex-worker shared what happened to employees.
NDIC goes after Heritage Bank loan defaulters owing N700 billion after CBN license revocation
The MD of the NDIC has announced the corporation's intention to recover N700 billion in loans from Heritage Bank debtors as it plans to refund customers their funds.
“Dollars are scarce in market”: Naira to appreciate as CBN pumps in over $1.3bn
The CBN settled over $1.3 billion in foreign currency futures contracts last week, which led analysts to predict that the naira would appreciate in the next months.
Trades, banks sell dollar at new exchange rate as Naira crashes again in all FX markets
The Nigerian currency has depreciated once again against the US dollar in all markets following the return of full economic activities after the labour strike.
CBN - Central Bank Of Nigeria
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