The Monetary Policy Committee MPC of the Central Bank of Nigeria CBN has retained the Monetary Policy Rate at 11.5 per cent. Governor of the Central...
12 commercial banks had jointly pulled in N933.16 billion in profits and made N216.52 billion from charges on electronic transactions, as customers continue to complain of...
Polaris Bank, Nigeria’s leading retail Bank has launched a digital bank called VULTe. Speaking at the well-attended unveiling ceremony which held in Eko Hotel, Lagos the...
Central Bank of Nigeria (CBN) at the weekend began gradual harmonisation of exchange rates with the removal of N379/$1 official rate from its website. The move...
The Securities and Exchange Commission (SEC) has announced a tighter regulatory oversight of local brokers aimed at cooling off demand for foreign stocks. The apex regulatory...
Central Bank of Nigeria (CBN), has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with immediate effect. The CBN also accused the...
The House of Representatives wants the Central Bank of Nigeria (CBN) to suspend the recapitalisation of microfinance banks (MFBs) in the country. The lawmakers of the...
The Central Bank of Nigeria injected $1.47bn into the foreign exchange segment of the market as part of its efforts to stabilise the naira in January....
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances....
Save the Consumer Initiative, a non-governmental organisation, has appealed to the Central Bank of Nigeria (CBN) to abolish its policy of confiscation of card withheld by...