The Central Bank of Nigeria has said that an efficient national savings strategy is important to creating price stability that will drive sustainable national growth and reduce the pressure on prices in the country. The Acting Governor, CBN, Dr. Sarah Alade, stated this in Abuja on Tuesday when she briefed […]

Investors in Access Bank’s Gambian unit have injected over $15 million to recapitalise and take back control of the bank after it was briefly nationalised last week, Gambia’s central bank said in a statement on Monday. The statement said the bank’s capital had fallen below a required minimum level of […]

The process of selling Mainstreet Bank and Enterprise Bank, two of the three nationalised banks owned by the Federal Government, will be completed on or before September 15 this year, the Chief Executive Officer, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, disclosed in an exclusive interview with our correspondent […]