The CBN’s Economic report for last November 2019 has shown that Commercial and merchant banks accessed…
Money Market
CBN retains Loan to Deposit Ratio at 65%
The Central Bank of Nigeria has retained the Loan to Deposit Ratio for the banking sector…
UBA appoints Oliver Alawuba as CEO of UBA Africa
United Bank for Africa Plc on Monday appointed Oliver Alawuba as the chief executive officer of…
CBN issues framework guide to address payment system risks
The Central Bank of Nigeria on Monday released the Nigerian Payments System Risk and Information Security…
Banks implement new CBN charges
A few banks have commenced the implementation of the reduced bank charges as instructed by the…
CBN’s new bank charges commences in January
The new Central Bank of Nigeria (CBN) regime of banking charges against customers for services rendered is expected…
First Bank enlightens youths on entrepreneurship
First Bank of Nigeria Limited has reiterated its commitment to building the nation through youth empowerment…
CBN sets to boost e-payment system
The Central bank of Nigeria has identified the predominant use of single messaging format for PoS…
CBN explains reduction in current account charges
The Central Bank of Nigeria has reduced charges on current account and some other services. It…
FG stops N50 charge on POS transactions
The Federal Competition and Consumer Protection Commission on Tuesday stopped the additional N50 charge currently being…
Adesina gets ECOWAS endorsement for second term
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of Dr Akinwumi Adesina,…
CBN fines banks over customers’ complaint
The Central Bank of Nigeria (CBN) has issued a warning to banks regarding customer complaints. The CBN,…
Access Bank Gets Recognition as Most Improved Bank
Access Bank Plc, at the recently held 70th Anniversary of Africa Newspaper of Nigeria (ANN) got…
CBN cuts banks’ ATM withdrawal fee to N35
The Central Bank of Nigeria has reduced the withdrawal fee charged for the use of other…
Wema Bank Signs Tripartite Partnership with Cellulant, NIRSAL to Boost Agribusiness Value Chain
Wema Bank, Nigeria’s leading innovative bank, has reaffirmed its commitment to applying technology in delivering excellent…
Stanbic IBTC lists additional 31,515,400 ordinary shares on NSE
Stanbic IBTC Holdings Plc has announced the listing of additional 31,515,400 ordinary shares of 50 kobo…
CBN approves operations for 15 mobile money operators
The Central Bank of Nigeria has issued licences to 15 mobile money operators as part of…
Stanbic IBTC gets CIPM’s recognition
Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc, has received recognitions at the…