Central Bank of Nigeria (CBN), has issued a new directive whereby loan defaulters will forfeit their savings in other banks, in order to settle their debts....
Central Bank of Nigeria (CBN) and the Nigeria Interbank Settlement System (NIBSS) may have begun charging N50 for Point of Terminal (PoS) transactions with some angry...
Central Bank of Nigeria (CBN) has said that it is collaborating with the Nigeria Communication Commission (NCC) and other data gathering agencies to get additional data...
Central Bank of Nigeria (CBN) has revoked the operating licences of no fewer than 153 Micro-Finance Banks (MFBs) and six Primary Mortgage Banks (PMBs), This...
Nigerian banks have denied asking MTN Nigeria to impose a new charge on customers for using the telecom firm’s access codes to conduct financial transactions. ...
MTN Nigeria has said it has not started charging its subscribers for bank transactions done via Unstructured Supplementary Service Data (USSD). The USSD allows banks’...
Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion for breaching its guidelines on lending to the real sector of the economy. According...
Central Bank of (CBN) has said seven commercial banks in the country failed stress test in adequate funding at the end of 2018. Though the...
Directors, managers and other high-ranking members of staff of Fidelity Bank Plc as well as their related persons have been asked to stop the trading of...
Central Bank of Nigeria (CBN) has said a sum of N176.9bn was spent to print banknotes between 2015 and 2018. This came as the apex...
