NCC may suspend USSD service amid N250bn debt dispute
The Nigerian Communications Commission (NCC) is said to be planning to take…
We’ll no longer approve requests for extension of export proceeds repatriation – CBN tells banks
The Central Bank of Nigeria (CBN) says requests for the extension of…
Court freezes 24 bank accounts over alleged terrorism financing
The federal high court in Abuja has granted the request made by…
Bank recapitalisation raises N1.682trn via e-Offering – SEC
Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC),…
Urgent reforms needed in Nigeria’s banking sector to avert economic crisis – Experts
Experts have sounded an alarm over the state of Nigeria’s banking sector…
Otedola backs FG’s windfall tax, says banks spend $50m yearly maintaining jets
Femi Otedola, chairman of Geregu Power Plc, has expressed his support for…
CBN to sanction banks, BDCs for rejecting old, lower dollar denomination
The Central Bank of Nigeria (CBN) has threatened to sanction banks and…
CBN asks banks to suspend processing fee on deposits until September 30
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits until September…
Banks’ loans to private sector dropped by nearly N10trn in March – CBN
The Central Bank of Nigeria (CBN) has disclosed that banks reduced loans…
High-interest rate may prevent Nigerian banks from giving credit – KPMG
KPMG Nigeria says the monetary tightening efforts by the Central Bank of Nigeria (CBN)…