CBN receives 2,051 fraud-related complaints in 6 months
The Central Bank of Nigeria (CBN) has received 2,051 frauds, ATM card, electronic transactions and excess charges related complaints from
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MONEY MARKET
CBN cautions business owners against fraudulent loan offers, investment schemes
The Central Bank of Nigeria (CBN) has cautioned business owners against fraudulent loan offers, especially through the social media. Mr
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Mixed reactions trail CBN‘s MPR cut
Finanical experts on Tuesday expressed mixed reactions to the 100 basis points slash in the Monetary Policy Rate (MPR) by
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FG asks bank account holders to undergo ‘self-certification’ process
The Federal Government on Thursday directed all bank account holders in the country to undergo a “self-certification” process. In the
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Currency in circulation dropped to N2.39tn in August – CBN
The currency in circulation dropped by N25.03 billion from N2.39 trillion as of the end of July to N2.36 trillion
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Banks record N263.78tn electronic payment transactions Q2, 2020
The Nigerian Bureau of Statistics (NBS) has said that the total value of transactions through electronic payment channels recorded in
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Zenith Bank rides on decline income tax to report 16.8% PAT growth
Proposes N.30 per share interim dividend Zenith Bank Plc presented its first-half of 2020 financial reports to The
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CBN fixes N5bn as minimum capital base for Mobile Money Operators
The Central Bank of Nigeria, CBN, has set N5 billion as minimum capital base for Mobile Money Operators in
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Access Bank seals $94m facilities with Dutch bank, two others
Access Bank Plc said it has secured a Subordinated Syndicated Loan Agreement with the Dutch development bank FMO, the French
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Fidelity Bank reduces card spending limit as scarcity of forex worsens
Fidelity Bank Plc said it has reviewed its card spending limit downward as Nigeria grapples with a severe foreign exchange
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