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CAC issues guidelines for bank recapitalisation

It urged banks to immediately adhere to the policy. It stated that the new guidelines were issued to guide proper filing for new incorporations, inc…

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business

Nigeria’s daily oil production hits 1.61mbpd – NUPRC

“As of July 23, 2024, Nigeria’s average daily production stands at 1.61mbpd,” he disclosed. This is coming barely two weeks after the commission ann…

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business

CBN sells $148m to 29 authorised dealers amid naira fall

According to the CBN, the authorised dealers include banks and BDC operators. This development comes two weeks after the CBN sold $122.67m to 46 aut…

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business

GN Bank: EX-staff, traders join forces to demand license restoration

The group made the call during the ‘Bring Back GN Bank’ campaign at the Kaneshie Market in Accra. Mr. Philip Sarpei, a former staff member of the Ba…

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