Titan Trust Bank takes over Union Bank
Established in 1917, Union bank has a network of over 280 sales and service centres across Nigeria.
FEC approves N2.1trn supplementary budget for 2023
He added that N18 billion was allocated to the Independent National Electoral Commission (INEC) to organise the 11 November off-cycle governorship elections in Kogi, Bayelsa and Imo states.
Heritage bank’s licence revoked
The financial regulator said the bank’s management has been unable to stem the decline despite various supervisory steps.
Tinubu signs executive orders, suspends 5% excise tax on telecoms
He also noted that President Tinubu’s administration will, therefore, continue to give requisite stimulus by way of friendly policies to allow businesses to flourish in the country.
Emefiele: Buhari to unveil redesigned naira notes Wednesday
According to him, the CBN won’t shift its deadline for all old notes to be returned to commercial banks in exchange for newly designed ones.
Emefiele: Old Naira notes redeemable only at CBN after February 10
Also, the CBN governor assured Nigerians that nobody would lose their legitimately earned money due to the naira redesign project, saying the exercise was in the overall interest of Nigerians and the economy.
Buhari: Old N200 notes remain legal tender till April 10
The Central Bank of Nigeria (CBN) had given a deadline of January 31 for the use of old naira notes — but it extended it to February 10.
PICTURES: Redesigned N200, N500 and N1000 notes unveiled
The Central Bank of Nigeria (CBN) had last month announced that the three top notes of the country's currency will be redesigned while the old ones remain legal tender until January 31 next year.
Extend deadline for the exchange of old naira notes till July 31, Senate urges...
The apex bank had in October last year said the old naira notes would seize to be legal tender from January 31, a stance that was reiterated by its governor, Godwin Emefiele, at a meeting in Abuja on Tuesday, January 24.