The CBN has directed banks to submit details of all the exporters who have failed to repatriate their export proceeds.
The media and aviation sectors are among the hardest hit by the pandemic, hence CBN's call.
Thousands of Nigerians have reacted to this development on Twitter.
The partnership will enable Airtel to provide increased access to mobile money services to customers.
The fresh equity capital injection is coming on the heels of FBN Holdings' recent divestment from FBN Insurance.
N25.6 billion price tag is only reflective of what Shoprite Nigeria's operations is worth on paper.
The COVID-19 pandemic has presented a new threat to Nigerian banks.
The bonus share issuance is subject to shareholders' approval during the company's next Annual General Meeting.
The company's interest income grew by 12.45% to N1.28 billion as against N1.14 billion in H1 2019.
The overall objective of these interventions is to promote financial inclusion in the country.
