Banking
Naira depreciates by 0.43%
The Naira depreciated in the official market on Monday, trading at N1,498.98 to a Dollar. Data from the Central Bank...
New ATM fees: Banks begin implementation, customers groan
Banks have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following the Central Bank...
FG spent $8bn to support naira – Rewane
The President Bola Tinubu administration has spent approximately $8 billion to stabilise the naira since it came on board. This...
FG inventions has stabilised FX market, Naira, says expert
Mr Ayobami Oyalowo, the Executive Director of the Osun River Basin, has said that some interventions by the Federal Government...
CBN targets single-digit inflation medium to long term – Cardoso
Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has said that the bank is working towards reducing the...
Nigeria’s money supply rises to N110.98 trillion
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025. This marks a 17.3 per cent year-on-year (YoY)...
CBN orders banks to publish dormant accounts, unclaimed balances on websites
The Central Bank of Nigeria (CBN) has issued a directive mandating all banks and other financial institutions to publish details...
CBN says personal loans by Nigerians rose to N3.3 trillion in November 2024
The latest monthly report by the Central Bank of Nigeria (CBN) has shown that Nigeria’s personal loan portfolio rose by...
Keystone Bank: CBN says bank stable, no cause for alarm
The Central Bank of Nigeria (CBN) has assured the public that Keystone Bank Limited is stable and fully operational despite...
GTBank suspends POS processing fees for businesses
Guaranty Trust Bank Limited has removed processing fees on all its Point of Sale (POS) terminals to support businesses with...