CBN
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Business
CBN approves merger of ProvidusBank, Unity Bank
CITIZENS COMPASS—The Central Bank of Nigeria (CBN) has approved the merger of ProvidusBank and Unity Bank. The banks disclosed…
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Crime
EFCC opposes Emefiele’s quest for overseas medical trip
CITIZENS COMPASS –The Economic and Financial Crimes Commission (EFCC), on Monday, July 8, 2024, opposed the application of a…
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Business
CBN withdraws licence of Heritage Bank, gives reasons
CITIZENS COMPASS – The Central Bank of Nigeria (CBN) has withdrawn the operating license of Heritage Bank. The Acting Director,…
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Crime
Court orders interim forfeiture of Emefiele’s N830bn, $4.7m, properties
CITIZENS COMPASS–Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos State, on Friday, May 24, 2024, ordered…
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Articles
Our expectations on bank recapitalisation
By Dayo Omoogun CITIZENS COMPASS –Enhancement of banks’ capital base or restructuring of banks’ capital which is more popularly known…
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General News
Banks in good stead to meet CBN’s recapitalisation target – ACAMB
CITIZENS COMPASS —The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that…
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Articles
CBN revokes licenses of 4,173 Bureau De Change operators
CITIZENS COMPASS – Following non-compliance with its regulations. the Central Bank of Nigeria (CBN) said it has revoked the…
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Business
CBN unfolds plan for Bureau De Change operators
CITIZENS COMPASS —The apex bank, Central Bank of Nigeria (CBN), on Tuesday, February 27, 2024, announced plans to sell…
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General News
How Emefiele approved $6,230,000 payment for International Election Observers- Witness
CITIZENS COMPASS —Ogau Onyeka Michael, the First Prosecution Witness (PW1), in the ongoing trial of Godwin Emefiele, former governor…
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Crime
EFCC slams fresh charges against Emefiele
CITIZENS COMPASS —The Economic and Financial Crimes Commission (EFCC) has re-arraigned a former governor of Central Bank of Nigeria…
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