Central Bank of Nigeria, CBN, Monetary Policy Committee has voted to increase the benchmark interest rate by 100 basis points, from 16.5% to 17.5 percent to...
Mr Godwin Emefiele, Central Bank of Nigeria (CBN) governor,says the total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion....
Over 50 percent of Nigeria’s unbanked population may lose their cash savings following the Central Bank of Nigeria (CBN)’s requirement that old notes could only be...
MYTH: ATMs, Cards will no longer be in use as CBN, NIBSS move to unify Payment through the National Domestic Card Scheme. FACT: This is FALSE....
Central Bank of Nigeria, CBN, has disclosed that any commercial bank that failed to pick up its new currency for distribution will be fined N1 million...
Central Bank of Nigeria (CBN) has directed customers to start rejecting old naira notes from banks, insisting that the old notes ceased to be legal tender...
Central Bank of Nigeria (CBN), has said the agency will go tough on banks that continue to fill their ATM machines with old naira notes as...
Central Bank of Nigeria has expressed assurance that the new naira notes will circulate to every nook and cranny of the country before the January 31,...
Bank customers in Nigeria lost a total of N1.17 billion in the second quarter of 2022, according to a report by Financial Institute Training Centre (FITC)....
Heritage Bank Plc, one of Nigeria’s most innovative service providers, has emerged as the first financial institution in Nigeria to win the “Best Supporting Bank with...
