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Tag "diamond bank"

Inflation defies CBN, rises to three-year high

    Inflation defies CBN, rises to three-year high

Nigeria’s consumer price index, which measures inflation, rose to its highest since December 2012, at 9.55 percent year-on-year against predictions by the Central Bank of Nigeria. The Apex bank had

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Diamond Bank: CBN will devalue naira to 227/$1

    Diamond Bank: CBN will devalue naira to 227/$1

Diamond Bank, a Nigerian deposit money bank, has predicted that the Central Bank of Nigeria (CBN) will devalue the naira by at least 15 percent to 227 against the dollar in 2016.

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Woman, 2-year-old child killed in FESTAC robbery

    Woman, 2-year-old child killed in FESTAC robbery

A woman and her two-year-old child were among the four persons killed by armed robbers who operated at the 4th avenue area of FESTAC town, Lagos on Tuesday. The robbers

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See how much your bank paid for flouting CBN rules

Six commercial banks paid N392.77 million in fines to the Central Bank of Nigeria (CBN) in 2013 for contravening various aspects of Banks and Other Financial Institutions Act (BOFIA), it

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Diamond Bank shareholders censure board over N7.99m CBN fine

Shareholders of Diamond Bank have expressed their dissatisfaction over the N7.99 million paid by the bank as penalties to the Central

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