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Board Dissolution: Bank Stocks Remain Stable

Banking stocks at the Nigerian capital market remained unfazed in the wake of the dissolution of the boards and managements of Union Bank, Polaris Bank and

BVN Enrolment Rose To 57 43m In March 2023 – CBN

May 02, (THEWILL) - Enrolment in the Bank Verification Number (BVN) system rose to 57.43 million as of March 31, 2023. The scheme has also contributed in fighting fraud and crime in the financial services industry. This disclosure was made by the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, while addressing participants at the

CJN to Declare Open Judges Workshop on BOFIA 2020

CJN to Declare Open Judges Workshop on BOFIA 2020
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Breaking News | CBN And Corporate Malpractice Cover-Up

CBN Until last week, many Nigerians without insider knowledge of what goes on behind the banking halls, thought the country could count on a stable financial system as it pulls through the battered economy. Sadly, on Thursday, the Central Bank of Nigeria (CBN) exposed what had become ‘clandestine affairs between it and the country’s topmost old generation financial institution, First Bank of Nigeria Limited. And it took rather an attempt at corporate assertiveness by the now-ousted boards of the bank for the CBN to move into action, which raises a question on the genuineness and sincerity of the intention of the regulator.

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