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CBN introduces N50bn credit facility for households and small businesses affected by the Coronavirus pandemic
A N50bn Credit Facility has been unveiled by the Central Bank of Nigeria, specifically to cater for the needs of households and small...
Lagos orders partial closure of banks
Lagos State Government, on Tuesday, placed a partial closure on banking activities in the state as part of measures to break the...
Naira Hits New Low at N395 per US Dollar on Black Market
The Nigerian Naira fell to a new low on the black market as it fell to N395 to the dollar on Monday.
Access Bank shuts down Ligali Ayorinde branch after Customer tested Positive to COVID-19
Access Bank has shut down its Ligali Ayorinde, Victoria Island branch after a customer tested positive to the deadly Coronavirus disease (COVID-19).
CBN denies Naira devaluation
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Saturday clarified that the recent jump in foreign exchange rate...
CBN devalues naira to N380/$1
Barley a week after it insisted that it was not about to devalue the naira, the Central Bank of Nigeria (CBN) yesterday...
GTBank Launches Beta Health, Expands Access to Health Insurance for Low-Income Nigerians
Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health...
Coronavirus: CBN reduces interest rate on N3tn intervention fund to 5%
The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of Coronavirus on the economy.
Mobile money transfer rises by 396%
The value of fund transfer over mobile devices rose by 396.5 per cent in January this year. Statistics released by the Nigeria...
Warning: Bank notes ‘may spread’ coronavirus
An official of the World Health Organisation (WHO) says bank notes may spread coronavirus disease.
Speaking with UK...
GTBank Releases 2019 Full Year Audited Results, Reports Profit before Tax of ₦231.7 Billion
A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable...
Why GTB will win Digital Payment Space – CEO, Segun Agbaje
Mr Segun Agbaje, Chief Executive Officer, Guarantee Trust Bank (GTB) says the bank will continue focusing on caring about human feelings to...
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Oyo Gov, Seyi Makinde tests Negative for COVID-19
Executive Governor of Oyo state, Seyi Makinde disclosed that he has tested negative for Coronavirus (COVID-19).
This is coming...
Police arrests Funke Akindele for hosting house party amid lockdown
Lagos state Police Command has arrested popular Nollywood Actress Funke Akindele after she hosted a house party amid the lockdown.
Coronavirus: 5 more patients recover in Lagos
Five more patients have recovered from COVID-19 infection in Lagos State, after testing negative to the infection twice, Governor Babajide Sanwo-Olu has...
Femi Otedola calls out individuals who are yet to fulfill their pledges to the COVID-19 Relief fund
Femi Otedola, one of Nigeria's billionaire businessmen, has called out Nigerians yet to fulfill their pledges to the COVID-19 relief fund.
