Guaranty Trust Holding Company Plc has announced the successful conclusion of the initial phase of its equity capital raise program. This milestone follows the completion of the capital verification exercise by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission's (SEC) approval of the Basis of Allotment of the Offer.
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The presiding Judge of a Federal High Court in Lagos, Justice Chukwujekwu Aneke has granted an ordered mandating Central Bank of Nigeria (CBN), and the Economic and Financial Crime Commission (EFCC) to carry out investigation on the accounts
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Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7 of 2007, warning of potential adverse economic consequences.
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By Dayo Omoogun Enhancement of banks’ capital base or restructuring of banks’ capital which is more popularly known in social parlance as bank recapitalization has become topical once again in the last few months ever since the Central Bank of Nigeria first hinted at it November last year and finally announced its decision to compel new capitalisation benchmarks for banks …
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The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate by 200 basis points to 24.75 per cent in a continued chase to tame inflationary pressures.
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The Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso on Tuesday disclosed this at the 293rd Meeting of the Monetary Policy Committee press briefing in Abuja.
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The Social Integrity Network, (SINET) has demanded further clarification concerning a statement credited to the Central Bank of Nigeria, CBN Governor, Mr. Olayemi Cardoso, on issues regarding the alleged and well-publicized revelations of a $2.4 billion forex trading fraud.
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