GTbank scraps POS fees as CBN increases ATM withdrawal charges by Oluwatosin Adeyemi February 14, 2025 0 Guarantee Trust Bank (GTBank) on Thursday scrapped processing fees on all of its point-of-sale (POS) terminals to support business entities ...
Nigerian government takes over crisis-marred Keystone Bank by Oluwatosin Adeyemi February 13, 2025 0 Keystone Bank has issued a statement announcing that the Federal Government of Nigeria now owns all of its shares following ...
CBN imposes N600 ATM charge for every N20,000 withdrawal by TechPression February 11, 2025 0 The Central Bank of Nigeria (CBN) on Monday directed all banks to charge customers N600 for every N20,000 withdrawal from ...
CBN launches Nigeria Foreign Exchange Code to drive economic growth, stability by Oluwatosin Adeyemi January 29, 2025 0 Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), introduced the Nigeria Foreign Exchange Code (FX Code), highlighting ...
CBN unveils new naira payment system to improve MDAs payment turnaround times by 70% by Oluwatosin Adeyemi January 21, 2025 0 The Central Bank of Nigeria (CBN) has introduced a new naira payment system to improve payment turnaround times for Ministries, ...
CBN orders immediate suspension of export proceeds repatriation extensions by Oluwatosin Adeyemi January 10, 2025 0 The Central Bank of Nigeria (CBN) has announced the immediate suspension of extensions for export earnings repatriation requests, according to ...
CBN speaks on exit of 1,000 staff, N50 billion severance plan by Oluwatosin Adeyemi January 4, 2025 0 The Central Bank of Nigeria (CBN) has clarified that the 1,000 employees who left their positions in December 2024 did ...
CBN, SEC approve FCMB’s N147bn rights offer, attracting over 42,000 investors by Oluwatosin Adeyemi December 31, 2024 0 The Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have approved FCMB Group's N147 billion rights ...
CBN mismanaged N2.73 trillion interest on Ways and Means: Auditor-General Chira by Oluwatosin Adeyemi December 30, 2024 0 The federal government has accused the Central Bank of Nigeria (CBN) of mismanaging N2.73 trillion in interest payments from Ways ...
CBN unveils whistleblower website to tackle misconduct in Nigeria’s financial sector by Oluwatosin Adeyemi December 27, 2024 0 The Central Bank of Nigeria (CBN) is launching a new whistleblower platform on January 1, 2025, as part of its ...