Central Bank of Nigeria (CBN) has expressed dismay at speculative activities at the foreign exchange market from impressions that the apex market would devalue the Naira,...
The Naira exchanged between N405 and N420 to the dollar yesterday as panic buying by foreign currency traders triggered another round of depreciation of the local...
Central Bank of Nigeria (CBN) has reviewed the Nigeria Uniform Bank Account Number (NUBAN) to include other finance institutions. A circular signed by Musa Jimoh, director,...
Large scale crypto-currency scams are rocking Nigeria as fraudulent firms claiming to offer digital currencies buffet on Nigerians while monetary authorities and law enforcement agencies appear...
Nigerian banks may have reintroduced the N50 stamp duty charges on electronic payments in the country despite the public outcries that have greeted the controversial charge....
Central Bank of Nigeria (CBN) will commence nationwide implementation of its cashless policy mandating Nigerians to pay fees on withdrawals and deposits above N500,000 on April...
Nigeria Deposit Insurance Corporation (NDIC), said it has fully paid all depositors of the 18 failed banks their deposits and paid creditors and shareholders of the...
Konga, eCommerce giant, has revealed that the business will hit the $10 million daily turnover mark by 2024. To realise the target, Konga has disclosed that...
Banks cannot terminate the employment of more than five staff without a prior notice to the Central Bank of Nigeria (CBN), a communique released by the...
Central Bank of Nigeria (CBN) has so far recovered over N60 billion from erring banks as excessive charges imposed on customers, according to Mr. Isaac Okoroafor,...
