Banking

Banking

CBN Wields Big Stick, Sacks NIRSAL Executive Directors

The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). This decision, approved by CBN Governor Olayemi Cardoso, on Friday, represents the latest in a series of staff reductions at the apex bank since his …

Read More »

GTB Denies Hacking Of Website, Customers’ Data

One of Nigeria’s leading financial institutions, Guaranty Trust Bank, GTB, has clarified the story doing the rounds that its website, https://www.gtbbank.com had been hacked. In a statement entitled: “Clarifications on News Reports Regarding The Bank’s Web Domain and Customer Data”, it said: “While there was an isolated incident of an …

Read More »

CBN Re-Introduces Publication Of Key Economic Reports

The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian economy. A statement signed by its Ag. Director, Corporate Communications, Hakama Ali On Tuesday, said the reports, including the Purchasing Managers’ Index (PMI), Business …

Read More »