The Nigeria Deposit Insurance Corporation (NDIC) is considering an advance payment of insured deposits once the licence of any insured institution is withdrawn by Central Bank...
Value of mobile money transactions across different mobile schemes in the country have reached N250million at the end of November this year, Nigeria CommunicationsWeek can now...
President Goodluck Jonathan on Wednesday waded into the bickering between the Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria over the missing $49.8...
Malam Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN) has said that the apex bank will partner some satellite system companies to boost...
Mallam Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN) has alleged that the Nigerian National Petroleum Corporation (NNPC) failed to remit $49.8 billon (about N8...
Mallam Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN) has denied printing the controversial new N5,000 notes and coins that the National Asembly had earlier...
The total number of Automated Teller Machine cards issued by commercial banks in the country hit 14.72million as at the end of July this year, indicating...
Nigerians are sharing bitter experiences over the slipping trend of the naira. Newspapers had reported that the Naira weakened to N171 to the United States dollar...
The Naira has hit N171 to one United States dollar at the Bureau-de-changes (BDCs), only outlets currently selling to the public besides the parallel market. Banks...
The Central Bank of Nigeria (CBN), has announced that it had refunded N10 billion to commercial bank customers between 2012 and September 2013. Mr Ibrahim Hassan,...