Central Bank of Nigeria (CBN) has cut interest rates on all intervention facilities from nine to five per cent per annum. The regulatory forbearance would allow...
Central Bank of Nigeria (CBN) has said that cumulative refund by banks to customers as at December ending 2021 stood at N95.2 billion. This is contained...
House of Representatives, on Wednesday, mandated its Committee on Banking and Currency to investigate the alleged excessive charges on bank transactions imposed by Deposit Money Banks,...
In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria has released guidelines for the operation of the Bank...
Nigerian banks have suspended individual withdrawals with local debit cards abroad and toughened limits on online payments, bankers said on Monday, after the Central Bank of...
Nigerian Communications Commission (NCC), has identified e-fraud as the greatest threat to digital finance. Citing the Central Bank of Nigeria (CBN) report, Efosa Idehen, director, Consumer...
Konga, Nigeria’s leading omnichannel e-commerce group has been identified as a strong player on the verge of dominating the African e-commerce scene. Forbes, a globally renowned...
Central Bank of Nigeria (CBN) on Thursday kicked against plans by the Senate to enact a new anti-money laundering law. The apex bank put forward this...
Central Bank of Nigeria (CBN) has revealed that it would stop the sale of foreign exchange to banks by the end of the year. Godwin Emefiele,...
House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks and Infractions by the Central Bank of Nigeria (CBN) has begun investigation...