President Muhammadu Buhari has directed the Ministry of Agriculture and the Central Bank of Nigeria (CBN) to bypass the knotty issue of collateral which he described as “a terrible colonial
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Nigerians have urged the Central Bank of Nigeria (CBN) to stop charges on Automated Teller Machines (ATM) transactions. Noting that the charges were “worrisome and fraudulent, they made the call
Details of the revenues from stamp duties estimated at N20 trillion still remain opaque as the federal agencies involved in the collection have refused to provide information, despite the Freedom
The Central Bank of Nigeria (CBN) and telecommunications giant, MTN, have agreed to settle out of court in the latter’s suit to challenge a directive to return the $8.1 billion
File Photo Dr Usman Bugaje, Convener, Arewa Research and Development Project (ARDP), has said that over 90 per cent of smallholder farmers in Nigeria did not access loan facilities from
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has said $21 billion was saved from the cut in food importation between January 2015 and October 2018. The governor
Diamond Bank Plc, Nigeria’s fastest growing retail bank, has received the approval of the Central Bank of Nigeria following its application to operate as a National Bank with immediate effect
Farmers in the Boko Haram-troubled Borno State will not benefit from Central Bank of Nigeria’s (CBN) N9.4billion agric loan earmarked for farmers in the north-east. The CBN granted N9.4billion loan
Teleology has formally taken over the management of 9mobile. The company announced the constitution of a new board of directors for the company in Lagos on Monday. It said that
Nigerians have deplored the announced plans by the federal government to make them bear the transaction cost of paying into government coffers through the Treasury Single Account (TSA). Bank customers
On Friday, the Central Bank Of Nigeria (CBN) announced in a report that global banking giants HSBC, a British multinational banking and financial services holding company, and UBS, a Swiss
Money deposit banks in the country have refunded N6.8 billion to customers in the first half of 2018 as excess charges, among others. According to the Central Bank of Nigeria
The Senate on Wednesday confirmed the appointment of Mr. Folashodun Shonubi, as Deputy Governor of the Central Bank of Nigeria (CBN). The Red Chamber also confirmed the appointment of Mr.
The Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to investigate and prosecute directors that led to the
The Bankers’ Committee of the Central Bank of Nigeria, CBN, has said those who “spray” naira notes at parties risk going to jail for six months or earning a fine
The Federal Government’s earnings for August 2018 took a N200 billion dive from its July receipts, according to a report published by the Central Bank of Nigeria recently. The government
