Ecobank Nigeria has announced the cancellation of charges on USSD (Unstructured Supplementary Service Data) services for…
Money Market
Union Bank partners CBN to drive development through education
The Central Bank of Nigeria and Union Bank have expressed commitment to driving development in the…
Domestic bond subscribers get N190bn in four months
Investors that subscribed to domestic bonds issued by the Federal Government earned about N190bn as interest…
CBN restricts non-financial firms and individuals from bonds purchase
The Central Bank of Nigeria has barred individuals and local non-financial firms from buying high-yielding central…
Bank CEOs back NCC over USSD charges suspension
The body of Bank CEOs has commended the decision of the National Communications Commission to suspend…
Fidelity Bank partners Lagos on market infrastructure
Fidelity Bank says it is committed to partnering with Lagos State on infrastructure development. Fidelity Bank,…
CBN to auction N93.13bn treasury bills
The Central Bank of Nigeria is billed to auction N93.13bn worth of treasury bills in a…
Telecom firms fault banks over USSD charges
Telecommunication companies on Tuesday said banks were the biggest beneficiaries of the USSD charges. They also…
Lagos Commodities and Futures Exchange Partners Ecobank for Seamless Trade Settlement across Africa
The Lagos Commodities and Futures Exchange (LCFE) has indicated its readiness to partner with Ecobank to…
CBN frowns at MTN over intended USSD charges on mobile banking
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has kicked against MTN Nigeria’s plan to…
Access Bank’s daily digital lending hits N1bn
Access Bank’s digital lending portfolio has given Nigerians quick and 24/7 access to funds for emergencies…
IMF advises CBN to unify exchange rate
The International Monetary Fund has advised the Central Bank of Nigeria to unify the country’s exchange…
Wema Bank Partners BOA Group to Improve Trade Services for Customers across Africa
Wema Bank has signed a multi-country partnership agreement with Bank of Africa Group (BOA) as it…
CBN sets to fight piracy in Creative Industry
In a bid to reduce the huge financial losses associated with piracy of movies and music in…
CBN sends strong message to banks on giving loans
The Central Bank of Nigeria has directed commercial banks to raise their Loan-to-Deposit Ratio from 60…
CBN sells N11.52tn treasury bills in nine months
The Central Bank of Nigeria sold N11.52tn Treasury Bills through the Open Market Operation in nine…