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...
Interstella Communications Ltd., a communications firm, has told the Central Bank of Nigeria (CBN) to obey a Supreme Court order by paying them $285 million judgment...
Association of Bureaux De Change Operators (ABCON) has warned against the proposed increase in Value Added Tax (VAT) to 7.2 per cent from five per cent....
Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June, this year, Central Bank of Nigeria (CBN) half-year e-payment figures...
Central Bank of Nigeria (CBN) is to develop creative industries parks across three major cities, with Lagos as the pilot scheme, according to Mr. Godwin Emeifele,...
