Banking
FEATURES: Poor digital banking services frustrate Nigerians
A father of two and an artisan, Mr Sola Famakinwa, lamented how the recent poor banking services in Nigeria have...
CBN directs banks to make cash available in ATM, counter
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to ensure efficient cash disbursement to the general...
New CBN website goes live today
The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, which is scheduled to go live today...
Cash scarcity: CBN to sanction banks for hoarding
The Central Bank of Nigeria (CBN) will sanction banks who fail to make cash available at their branches or ATM,...
Orthodox monetary policies helping to tackle inflation – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the orthodox monetary policies introduced are helping to...
CBN raises interest rate to 27.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR),...
CBN extends BDCs recapitalisation by six months
The Central Bank of Nigeria (CBN) has extended the deadline for BDC operators to recapitalise by six months. President, Association...
Kaduna gov’t seals FCMB, Zenith, Unity, Keystone, BOA, over N1.7 billion debt
The Kaduna State Internal Revenue Service (KADIRS) on Tuesday sealed five banks and other business premises within the Kaduna metropolis...
Banks, others raised N2.7 trillion from capital market in 11 months — SEC
The Securities and Exchange Commission has revealed that banks and other companies raised N2.7 trillion from the capital market in...
Nigerians to use NIN cards for payments, cash withdrawals — NIMC
The National Identity Management Commission (NIMC) has said that the new National Identification Number (NIN) card can be used by...