- CBN defends naira with $5.62bn in three months
- CBN to issue N570.4m treasury bills in Q2
- External reserves loses $52m in 16 days
- Countries complaining about Nigeria’s multiple foreign exchange rates says Okonjo
- Crypto exchanges move to control scam activities in Nigeria
- Senate demands detailed report on alleged N4tn unremitted funds
- A guide for investing in Bitcoin
- As ghost of fuel subsidy removal lurks around
- Fuel price hike looms nationwide as marketers meet
- Headline inflation reaches 16.47 per cent
Banking
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N6.98 USSD flat rate will stabilise payment system, says CBN
The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD) fees to a single...
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USSD: NCC, CBN agree on new pricing
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have released a framework on the pricing of Unstructured...
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CBN directs banks to begin scan-to-pay system
The Central Bank of Nigeria (CBN) has asked Deposit Money Banks (DMBs) to commence the adoption of...
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Two out of five bank workers contract staff – NBS
Two out of every five people working in Nigerian banks are contract staff, analysis of data provided...
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W’Bank approves $1.5bn package for post- COVID-19 economic recovery
World Bank Group (WBG) has approved a $1.5 billion package to help build a resilient recovery post-COVID19. The...
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Banks lost over N5bn to fraudsters in 9 months in 2020–NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that banks in the country lost over N5 billion to fraudsters ...
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UBA Plc records higher profit in pandemic year
United Bank for Africa Plc (UBA) has posted a buoyant trading result in 2020 despite the COVID-19...
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Emefiele meets Senate today on alleged missing $9.5m PPT fund
The Governor of Central Bank of Nigeria, Godwin Emefiele, is expected to lead top management staff of...
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Bank digitises lending to boost financial inclusion
Sterling Bank Plc has added a savings and peer-to-peer lending feature to its digital banking platform. The...
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Banks woo customers with new CBN ‘naira-4-dollar’ policy
Deposit Money Banks on Sunday started wooing customers ahead of the commencement of the latest ‘Naira-for-Dollar’ policy...
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Manufacturing firms borrowed N570bn from banks in 2020 – CBN
Manufacturing firms borrowed a total of N570bn from Nigerian banks last year amid the economic fallout of...
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CBN-financed farmers cultivated 3.64 million hectares – Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the Anchor Borrowers’ Programme...