Further to its announcement on October 25, 2021, Access Holdings Plc (Access Holdings’) is pleased to announce that Access Bank Zambia Limited (“Access Zambia”), a subsidiary of its flagship subsidiary, Access Bank Plc , has received final regulatory approval from the Central Bank of Zambia for the acquisition...
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the end of the week, the country would be awash with Naira notes
For Fidelity Bank, the idea of empowering her goes beyond providing a workplace that equips women to thrive to building a world where the rights of women are respected. Speaking on this year’s International Women’s Day (IWD) theme #EmbraceEquity, and how it reflects the bank’s objective, our MD/CEO, Nneka...
Some commercial banks in Lagos have started issuing the old naira notes to customers at their various automated teller machines (ATMs) terminals and over the counter. The development is in compliance with the new directive of the supreme court, extending the validity period of the old notes to the end...
In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the...
Lomé, Togo, 2 March 2023 – Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, is pleased to announce that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group. Jeremy Awori, commenting on his new role, said:...
Lagos, Nigeria, February 18, 2023: A Chief Magistrate Court sitting in Ikeja , Lagos has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks in prison or a fine of Four Hundred Thousand Naira respectively for contempt. The Chief...
The Central Bank of Nigeria (CBN) has dismissed report that the apex bank has ordered commercial banks to start accepting the old N500 and N1000 banknotes. The central Bank in a statement on Friday evening said the report was fake and unauthorised. CBN spokesman, Osita Nwanisobi, said the apex bank strictly...
Nigeria’s President Muhammadu Buhari in a national broadcast on Thursday morning directed the Central Bank of Nigeria to release old N200 notes into circulation. “To further ease the supply pressure, particularly on citizens, I have given approval to the CBN that the old N200 bank notes be released back...
The scarcity of the new naira notes in Nigeria has become a matter of concern for both the general public and the country's economic stakeholders. The situation has been exacerbated by the legal battle between the Central Bank of Nigeria (CBN) and the Supreme Court. The CBN had planned...