By Tony Obiechina, Abuja Following claims in certain quarters about the stability of some Nigerian banks in the wake of Heritage Bank Plc’s license revocation, the...
The Enugu Electricity Distribution Company (EEDC) has threatened to begin to disconnect Government Houses, Central Bank of Nigeria (CBN) offices, Nigerian Army and others in the...
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks (DMBs). The Acting Director, Corporate Communications...
By Ibrahim Modibbo Under globalization and multi-cultural settings such as ours, Nigerians are under no illusion to the enormity of the myriad of challenges confronting the...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline interest rate by 150 basis points to 26.25 per...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline lending rate by 150 basis points to 26.25 per...
By Tony Obiechina, AbujaThe Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International...
By Tony Obiechina, Abuja The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration...
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) has exempted 16 items from the 0.5 per cent Cybersecurity levy on all electronic transactions.CBN had directed...