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...
