Tag: CBN

What might seem like minor deductions, when accumulated, create a significant burden often unaccounted for by consumers.

A N50 billion private placement for institutional and affluent investors is also planned to complete the N200 billion the bank ...

To substantiate its claim, the prosecution requested the playback of a video clip showing the recording of Mr Mamman's statement.

The CBN said it would continue to monitor global and domestic market conditions and remains confident in the resilience of ...

“Other banks could, too—but they won’t.”

The latest figure marked a sharp rise from $3.99 billion at the end of 2023.

The development follows months of uncertainty for customers who held large balances at the lender before its abrupt closure.

Despite the legal provision criminalising the act, hawking and selling of naira notes, particularly the new ones, to those who ...

The financial services group noted that the strong interest from investors affirms “the trust and confidence placed in the First ...

The additional proof of evidence sought to introduce two new prosecution witnesses with fresh documents relevant to their anticipated testimonies ...

The survey revealed that 75 per cent of respondents cited high interest rates as a significant hurdle, closely followed by ...

For the next month, 40.3 per cent of overall respondents foresee inflation increasing, while 47.1 per cent believe it will ...

When a bank transfer is initiated through NIP, the request is sent instantly to the recipient’s bank, and funds become ...

The lawmakers noted that additional ATM withdrawal charges would further limit the financial inclusion of Nigerians by discouraging low-income earners ...

President Tinubu asked the Senate to confirm Melvin Ayogu’s appointment to the CBN board and Nwakuche Ndidi’s appointment as Controller-General ...

The EFCC assures the public of its vigilance and proactive monitoring of every entity and player in the nation’s economic ...

The judge gave the order on Thursday following an application filed by the Economic and Financial Crimes Commission (EFCC).

The CBN released a circular on 10 February to all banks and other financial institutions to apply the fees, effective ...

A five-member panel of justices led by Uwani Abba-Aji gave the order in the unanimous judgement read by Emmanuel Agim.

The newspapers have featured a variety of issues on their cover pages, breaking away from the usual uniformity that is ...

The Senate panel said the CBN was withholding documents on the issue, a claim the bank disputed

The prospect that decades-high inflation levels in the economy are beginning to ease may cause investors’ attention to shift to ...

Willie Obiano is facing nine charges of diversion of over N4 billion from the state’s account dedicated to security funds ...

"I met President Bola Ahmed Tinubu two days ago on the tax reform bills, and he told me ", Mr ...

SERAP is asking the court for “a declaration that the decision by the CBN to increase ATM transaction fees is ...