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Banking
Jeremy Awori assumes office as Ecobank Group new CEO
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, on Thursday announced that Jeremy Awori has officially assumed his…
CBN to issue N1.14trn treasury bills in Q2
The Central Bank Nigeria (CBN) will issue a total of N1.14 trillion treasury bills in the second quarter of 2023 as the same amount will be maturing between March and May, this year.…
CBN’s tenure rule: Bank MDs to retire in 2 years
The new tenure rule by the Central Bank of Nigeria (CBN) has revealed three banks' chief executive officers who will retire in the next two years.
The apex bank on Friday reviewed the…
Banks net domestic credit rises 37.57% in one year
Nigerian banks Net Domestic Credit (NDC), consisting of loans to the private sector and the government, has maintained a steady increase, rising to an all time high of N68.90 trillion in…
Customers can access N20m in Sterling Bank, Credit Café partnership
Under a recent partnership between Sterling Bank Plc and Credit Café Africa, a digital lending platform, customers can get a maximum of N20 million loan and a minimum of N100,000 loan…