Heritage Bank, which emerged the preferred bidder for Enterprise Bank two weeks ago, says it will list its shares on the Nigerian Stock Exchange after putting certain things in place, including the proposed transition of Enterprise Bank to Heritage Bank. The Chief Executive Officer of the bank, Mr. Ifie Sekibo, […]

The Central Bank of Nigeria has ordered banks to refund over N17bn illegally charged customers as of August 2014. The Head, Consumer Protection Department, CBN, Hajia Khadijah Kassim, said this in Calabar, Cross River State on Monday. He said the decision was in response to about 5,500 complaints received from […]

Nigeria naira slipped 0.27 percent on Monday amid a shortage of dollars on the interbank market, as higher demand coupled with declining global oil prices raised doubts about the central bank’s ability to support the local currency. The naira closed at 163.85 to the dollar, below the three-month low of […]