In line with the provisions of the Fiscal Responsibility Act, the DMOs were directed to not give loans to states without FRC approval.
A new cheque standard has been approved by the Central Bank of Nigeria.
Insured depositors of the liquidated bank have been asked to come for verification and payment by the NDIC.
The banking sector in Nigeria has come a long way but financial inclusiveness still remains a hurdle to scale through.
It has been noted that the declining rates of interest have forced savers to turn to mutual funds.
A survey has disclosed why banks and some governments are still skeptical about the use of cryptocurrencies.
Access Bank has received approval from the CBN to restructure into a Holding Company.
Sterling Bank has obtained the CBN's approval in principle to enable it restructure as a Holding Company.
This call is in a bid to get the support of relevant stakeholders in raising additional capital through private placement.
The NDIC academy has had its accreditation renewed by the CIBN.