NMFB New NIB Loan Approvals Are Out EKO HOT BLOG reports that the management of Nirsal Microfinance bank, NMFB, has given a new update regarding the Non-interest Banking NIB loan. This was contained in a statement released by NMFB recently. Read Also: NPower News: How To Know If Your Nexit Training Confirmation Was Done Correctly It reads, “New … Read more
Apply for CBN Recruitment 2022/2023 Application Form Portal below. EKO HOT BLOG reports that the CBN recruitment 2022 portal is currently open for online applications. This online media platform outlines the necessary guidelines that will increase your chances of being recruited in the CBN 2022 recruitment exercise. Read Also: JAMB Includes 21 New Texts For English, … Read more
CBN has removed ATM maintenance fee and also reduced other bank charges. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has reviewed charges and rates for electronic banking operations in the country. The development was disclosed in the CBN new ‘Guide to Charges to Banks Other Financial and non-financial, on Thursday, 27th … Read more
FG to toll Lagos-Ibadan Expressway second Niger Bridge and Abuja-Kano road to repay loans The Federal Government on Wednesday said it is going to toll the Lagos-Ibadan Expressway, the ongoing 2nd Niger Bridge, and Abuja-Kano road, to repay loans used to build them. The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, disclosed on Wednesday … Read more
The Managing Director/Chief Executive of Access Bank Plc, Mr Herbert Wigwe, in an interview with Cable News Network (CNN) speaks on the bank’s move to break more grounds and expansion move into other African nations EKO HOT BLOG gathered that Access Bank Plc is putting in more effort to conquerer the African nations in a … Read more
Read details below as MTN Nigeria and Airtel Africa have secured approval to operate a payment service bank (PSB). EKO HOT BLOG reports that MTN Nigeria and Airtel Africa have secured approval in principle to operate a payment service bank (PSB). This was revealed by the telecommunications giants in regulatory filings on the Nigerian Exchange … Read more
Following the unveiling of E-Naira by President Buhari on Monday, EKOHOTBLOG has uncovered a few things to know about the digital currency. President Muhammadu Buhari, on Monday, unveiled Nigeria’s digital currency, e-Naira. The digital currency was launched by President Buhari at the Presidential Villa in Abuja. EKOHOTBLOG had earlier reported that the event had in attendance the Vice … Read more
President Buhari has unveiled the e-Naira in Nigeria. EKOHOTBLOG reports that President Muhammadu Buhari has on Monday unveiled Nigeria’s digital currency, e-Naira. This online news platform reports that President Buhari unveiled the currency at the Presidential Villa in Abuja. The event had in attendance the Vice President, Yemi Osibanjo; the Governor of the Central … Read more
House of Reps says it will ask the Central Bank of Nigeria to take over Heritage Bank for owing Federal government It also threatened to issue an arrest warrant on the Managing Director of Polaris Bank for failing to appear before the committee. Ekohotblog reports that the House of Representatives has said that it will … Read more
Osinbajo has urged youths to shun #EndSARS memorial protest. EKOHOTBLOG reports that the National Economic Council (NEC) has appealed to those planning to stage a protest to mark the first anniversary of the #EndSARS protests to consider other lawful alternative means of engagement. NEC argued that with the current security situation across the country, there was … Read more
…the CBN has assured Nigerians that the bank and other partners are working to ensure a seamless process for the benefit of all The Central Bank of Nigeria (CBN) has postponed the official launch of its digital currency, the E-naira. According to the CBN spokesperson, Osita Nwanisobi, the decision to postpone the unveiling of the … Read more
Governor, Central Bank of Nigeria (CBN), Godwin Emefiele says the bank has invested the sum of N85.89 billion in its Health Sector Intervention Facility (HSIF). He made this known in Abuja on Tuesday while disbursing the sum of N253.54 million to five researchers for the development of Nigerian COVID-19 vaccines and vaccines for other diseases. … Read more
Yeye Dey Smell – Nigerians Reacts As CBN Freezes Accounts Of 20 EndSARS Promoters Ekohotblog, November 7, 2020 Nigerian youths have lambasted the Nigeria Government following an ex-parte suit to freeze the bank accounts of 20 EndSARS promoters. Ekohotblog confirmed yesterday that the CBN governor, Godwin Emefiele, had filed a suit against 20 social media … Read more
The coming months promise to be terrifying ones for bank loan defaulters following the fresh guidelines of global standing instruction (GSI) published by the Central Bank of Nigeria (CBN) on Monday. In the new guideline, apex bank said financial institutions Effective will have the power to debit the accounts of loan holders in other banks … Read more
The Petroleum Products Pricing Regulatory Agency, PPPRA, has stated it’s positioned on petrol price control. According to the agency, if the likes of the Central Bank of Nigeria (CBN) can regulate all banks, financials sectors under its supervision, and as well the Nigerian Communications Commission, NCC, could regulate the telecommunications, it shouldn’t be a problem … Read more
The COVID-19 pandemic has reshaped the entire world – the future of everything and the world of work, but perhaps the most visible effect of this disruption is most felt in the financial services sector, the markets and the global economy. In this regard, the banking sector is one of the most gravely impacted. It … Read more
The Central Bank of Nigeria (CBN) says the bank does not charge any fee on COVID-19 loan application as claimed in false reports circulated on social media. The CBN’s Director, Corporate Communications Department, Mr Isaac Okorafor said this in a statement in Abuja on Monday. Okorafor explained that procedures for accessing the N50 billion Targeted … Read more
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5 per cent. CBN Governor, Godwin Emefiele, announced the decision of the Monetary Policy Committee (MPC) after the two-day meeting which held at the apex bank’s headquarters in Abuja. According to Emefiele, all members of the committee had agreed to retain … Read more
Shareholders of Jaiz Bank Plc will receive a dividend for the financial year ended December 31, 2019, Businesspost reports The decision to finally reward shareholders of the company after a long wait was reached at the meeting of the board of directors of Jaiz Bank held on Monday, March 16, 2020. Announcing the outcome of … Read more
The United Bank for Africa Plc (UBA) on Monday, announced the appointment of Oliver Alawuba as CEO of UBA Africa, overseeing the bank’s 20 African country operations, ex-Nigeria. Alawuba succeeds Victor Osadolor, who retires from the Group Board, after 9 years of service working at UBA. The Board further appointed Senegalese national, Abdoul-Aziz Dia as … Read more