CBN interventions have stabilised, diversified economy, says Emefiele
By Bassey Udo The interventions by the Central Bank of Nigeria in various key sectors of the country’s economy have succeeded in stabilizing, diversifying and setting it on the path…
Titan Trust Bank: More than a toddler institution, says Tunde Lemo
MEDIATRACNET Titan Trust, the two year old bank that proposed last week to acquire the 104-year-old Union Bank, one of Nigeria’s centenary financial institutions, may not be a toddler after…
Access Bank restructures into a holding company, prepares for the future
MEDIATRACNET In line with global best practice, one of the nation’s biggest banks, Access Bank Group is to be restructured into Access Holding Company, a non-operating financial holding company structure.…
Why Central Bank introduced eNaira, says Buhari at official launch of Nigeria’s digital currency
By Bassey Udo The introduction of the Central Bank Digital Currency (CBDC) and its blockchain technology was in line with global trend in the search for a new swift and…
CBN pegs N150m ceiling for entrepreneurship scheme under new framework for tertiary institutions
MEDIATRACNET To redress the rising incidence of youth unemployment and underemployment in the country, the Central Bank of Nigeria on Wednesday announced the issuance of operational framework for the development…
Emefiele, Wigwe conferred with Jurist Law Awards
MEDIATRACNET Picture: Herbert Wigwe The governor of Central Bank of Nigeria, Godwin Emefiele, and ths managing director of Access Bank, Herbert Wigwe, have been honoured with the conferrment of Juris…
Nigeria’s central bank can proceed with e-Naira roll out in national interest, court rules
By Bassey Udo The Central Bank of Nigeria (CBN) has secured a temporary reprieve over the controversy surrounding its planned roll out of its digital currency, eNaira, as the Federal…
NFIU warns politicians, others against inordinate pressures, requests
MEDIATRACNET The Nigerian Financial Intelligence Unit (NFIU) on Wednesday frowned at politicians and public office holders’ inordinate pressures and requests for information on financial crimes capable of compromising its mandate.…
Nigerian financial sector must be prepared to actively participate in AfCFTA, says CBN Dep. Gov
MEDIATRACNET To position Nigeria to take full advantage of the opportunities offered by the African Continental Free Trade Area (AfCFTA) Agreement, the Central Bank of Nigeria (CBN) on Monday began…
How Nigerian govt’s COVID-19 stimulus package impacts economy, changes lives
MEDIATRACNET The Federal Government’s has taken stock of the impact of its COVID-19 stimulus package, with visible evidences of the benefit in several sectors of the country’s economy. Apart from…