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How Three Communicators Were Shortlisted for African Iconic Women Recognition Awards (AIWRA)

How Three Communicators Were Shortlisted for African Iconic Women Recognition Awards (AIWRA)   The organisers of the annual African Iconic Women Recognition Awards (AIWRA) have honoured three outstanding women—Mrs. Rabia Usoro, Hajia Hakama Sidi Ali, and Josephine S. Mahachi-Kruggel—for their exemplary achievements in communication and public...

After Court Order, CBN Assures Keystone Bank’s Customers of Stability

After Court Order, CBN Assures Keystone Bank’s Customers of Stability   The Central Bank of Nigeria (CBN) has reassure customers of Keystone Bank Limited that the bank remains safe and fully operational, despite a recent court order forfeiting the bank's shares to the Federal Government.The Central...

CBN Warns Against Fraudulent Contract, Project Funding Claims

CBN Warns Against Fraudulent Contract, Project Funding Claims   The Central Bank of Nigeria (CBN), has warned members of the public to be weary of activities of fraudsters purporting to be in receipt of award letters of contracts related to construction works and special financial interventions...

CBN Revokes Heritage Bank License

CBN Revokes Heritage Bank License The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc with immediate effect. This decision, it said, was to maintain a stable and healthy financial system as authorised under Section 12 of the Banks and Other Financial...

CBN Activates Plan to Double Foreign Remittance

CBN Activates Plan to Double Foreign Remittance The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP). Mrs. Hakama Sidi Ali, the Director of Corporate Communications disclosed this...

CBN Reports Over $1.5bn Inflow into Economy as Naira Continues to Gain

CBN Reports Over $1.5bn Inflow into Economy as Naira Continues to Gain The Central Bank of Nigeria (CBN) says Nigerian economy has recorded inflow of over $1.5 billion as Naira continues to strengthen against Dollar. According to the apex bank, the inflow into the economy over...