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CBN allows withdrawal of diaspora remittances in dollars, relaxes controls over sales outlets

The Central Bank of Nigeria (CBN) has announced the amendment of procedures for receipt of diaspora remittances in an apparent and frantic attempt to...

BAFI: Fidelity Bank Wins Commercial Bank of the Year

As Nnamdi Okonkwo Bags CEO of the Decade Award.   Fidelity Bank Plc has clinched the award for Commercial Bank of the Year at the...

Naira devalued, now N390/$1 as black market (wired) hits N503/$1

It is confirmed that the exchange rate between the naira and dollar has depreciated to N390/$1 at the FMDQOTC NAFEX market, an official market...

Emefiele Provides Insight Into 2021 Economy At The 55th Annual Bankers Dinner As Anxiety Grows Over 2nd Recession

By Ben Igbokwe Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), is set to provide the much expected insight into the 2021...

Nnamdi Okonkwo Emerges Banker of the Year

Fidelity Bank CEO, Mr. Nnamdi Okonkwo has been adjudged Banker of the Year at the Business Hallmark People of the Year Awards 2020.  The award,...

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