CBN RELEASES LICENSED DEPOSIT MONEY BANKS. (PHOTO).

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 CBN releases licensed Deposit Money Banks By Samuel Oamen The Central Bank of Nigeria (CBN) has released a comprehensive list of 44 licensed Deposit Money Banks operating within the country. The apex bank made this public in a post on its official website on Tuesday. According to CBN, seven banks, including Zenith Bank, Access Bank, First Bank, First City Monument Bank, United Bank of Africa, Fidelity, and Guaranty Trust Bank, have Commercial Banking licenses with international authorisation as of April 26, 2024. Also, fifteen banks have commercial banking licenses with National Authorisation. Four banks have commercial banking licenses with regional authorisation and four non-interest banks have national authorisation. The bank said the country has six merchant banks licensed with national authorization. It stated that financial holding companies increased to seven. CBN added that the country has a Mauritius commercial bank representative office. The list comes months after the CBN r

41 PEOPLE DIED TODAY,IN A PLANE CRASH IN SOUTH SUDAN.

                Today wednesday,a Russian built cargo plane with passengers on board crashed today after taking off from the airport in South Sudan's capital,killing dozens of people.An official said three people on board survived.The precise death toll was not immediately clear after the Antonov-12B plane turbo prop plane crashed soon after take off,leaving chunks of wreckage,bodies and cargo strewn along a bank of a White Nile River.The Civil Aviation Authority said the number of dead was still being counted.Witnesses saw 41 bodies,some of which were covered by cloth.A police officer,who did not give his name because he was not authorized to speak to the media,also put the death toll at 41.Three Sudananese and a child survived the crash.More photos below.                               

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