Banking
CBN fines Sterling, Fidelity, First Bank, Zenith, UBA, four others N1.35 billion for ATM cash scarcity
The Central Bank of Nigeria (CBN) has slammed fines totalling N1.35 billion on nine Deposit Money Banks for failing to...
FG to establish youth bank
The Federal Government says it will establish a youth bank to offer loans, grants and other financial products to support...
All denominations of naira banknotes still valid – CBN
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal...
Lamentations as cash scarcity hits Kaduna, Kano, Katsina
With barely two weeks until Christmas and the subsequent new year celebrations, getting cash in Kaduna, Kano and Katsina States...
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),...