Emmanuel Ojukwu
- Banking
- June 4, 2024
- 117 views
CBN Clears $831m in Trapped Funds for Foreign Airlines, Confirms IATA
The Central Bank of Nigeria (CBN) has successfully cleared $831 million of foreign airlines’ trapped funds over the past year, the International Air Transport Association (IATA) confirmed on Sunday. This…
- Banking
- May 30, 2024
- 72 views
SEC to Unveil Framework for Bank Recapitalisation
The Securities and Exchange Commission (SEC) has announced its intention to release a comprehensive framework to steer the capital market through the forthcoming bank recapitalisation exercise. This initiative was revealed…
- Banking
- May 30, 2024
- 77 views
Wema Bank Targets Tier-1 Status Amid Recapitalisation Drive
Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, has announced the bank’s strategic plans to retain its national licence and aim for tier-1 banking status following the fresh…
- Banking
- May 22, 2024
- 63 views
IMF Reveals 56% of Central Banks Lack National Cybersecurity Strategy for Financial Sector
The International Monetary Fund (IMF) revealed that 56 percent of central banks or supervisory authorities in a survey of 51 countries do not have a national cyber strategy for the…
- Banking
- May 2, 2024
- 82 views
Zenith Bank Shareholders Endorse Transition to HoldCo Structure
Zenith Bank Plc shareholders have given their unanimous approval for the bank’s restructuring into a holding company. The decision was reached during a court-ordered Extraordinary General Meeting (EGM) held on,…
