Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with...
Over 50 percent of Nigeria’s unbanked population may lose their cash savings following the Central Bank of Nigeria (CBN)’s requirement that old notes could only be...
Customers of leading commercial banks in Nigeria paid N45.9 billion as account maintenance fees in the first half of the year (H1’22). According to Vanguard, this...
Central Bank of Nigeria (CBN) spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in 2020, according a...
Contradicting statements from Shoprite, Africa’s largest retail chain, and Chastex Consult, public relations firm, have cast airs of confusion over the reported plans by Shoprite to...
