Online News Magazine
Online News Magazine
Four days after the celebrated judgement ordering that old N200, N500, and N1,000 notes remain in circulation till December 31, 2023, the Federal Government and the Central Bank of Nigeria (CBN) are yet to make official statements in favour or against the judgement. However, our correspondents who went across Lagos and other parts of the […]
Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria (CBN) currency redesign policy to December, 31, 2023, some deposit money banks have started paying out the old notes. Checks show that some commercial banks in Lagos, Kaduna, Kano and Abuja have commenced paying out the old N500 and N1,000 […]
The Central Bank of Nigeria (CBN) has put the total money disbursed under its Anchor Borrowers Programme (ABP) at N1. 079 trillion as of February 28, 2023, of which N0.960 trillion was due for repayment. The bank stated that the balance of N0.119 trillion was not due for repayment, adding that it remains committed to […]
The Central Bank of Nigeria (CBN) has appointed Alhaji Isa Abdulmumin as the Acting Director of the Corporate Communications Department of the bank. Abdulmumin is taking over from Osita Nwanisobi as head of the Corporate Communications Department following his retirement from service on Friday. Abdulmumin, a Deputy Director, has been in the Corporate Communications Department […]
More sufferings await Nigerians in their quest to deposit their old naira notes of N500 and N1000 denominations which the Central Bank of Nigeria (CBN) had declared illegal tender. Reason being that fraudsters commonly called yahoo boys have generated their own fake CBN portals in order to hack into accounts of people wanting to return […]
Head of Investment Research, Parthian Securities, Oluwaseun Dosunmu has expressed confidence in the Nigerian equities market notwithstanding the uncertainties surrounding the 2023 elections. According to him, the equities market dominated by domestic investors would remain resilient this year despite the trend of a market dip which usually occur in an election year. Dosunmu said this […]
Leader in global fixed-income, equities market and structured finance, the Parthian Group has offered the willing and discerning minds of where they should be investing in 2023. Speaking at the February 2023 forum of the Finance Correspondents Association of Nigeria ( FICAN), the duo of Oluwaseun Dosunmu, Head of Investment Research, Parthian Securities and Ronke […]
Access Bank Introduces “Love Is More” Valentine Season Campaign for Customers Access Bank customers are in for a treat this Valentine season, as the retail bank giant is offering several discounts and mouth-watering freebies on its retail products and services to celebrate customers in this season of love. The Valentine season campaign, tagged “Love is […]
NDIC boss predicts upsurge of MFBs listing on NAMB The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has predicted more microfinance banks will join National Association of Microfinance Banks Unified Information Technology (NAMBUIT) platform this year. Hassan made the prediction at the 2022 NDIC Editors Forum. The theme of the Forum is […]
Access Bank Introduces “Love Is More” Valentine Season Campaign for Customers Access Bank customers are in for a treat this Valentine season, as the retail bank giant is offering several discounts and mouth-watering freebies on its retail products and services to celebrate customers in this season of love. The Valentine season campaign, tagged “Love is […]
