Central Bank of Nigeria (CBN), on Friday, said that any commercial bank that failed to pay the new naira notes to customers would be fined N1...
The Central Bank of Nigeria (CBN) will monitoring commercial banks to ensure that they comply with the directive of loading the redesigned Naira notes in their...
Commercial banks in the country are facing herculean tasks attracting investors due to rising non-performing loans (NPLs) and the lack of sound corporate governance. Managing Director...
By Chioma Obinagwam Borrowings by commercial banks from the Central Bank of Nigeria (CBN), the country’s apex bank, has increased to N11.7 trillion in fourth quarter(Q4)...
The Central Bank of Nigeria (CBN) has instructed banks in the country not sell beyond N360 a dollar, having obtained dollars at N357 from the CBN. This...
The Central Bank of Nigeria (CBN) has blamed commercial banks in the country for the circulation of dirty Naira notes in the country, saying commercial...
Commercial banks in partnership with the Nigeria Inter-Bank Settlement System (NIBSSS) have launched a new automated cheque clearing application called i-Teller i-Teller, which is the new...
Commercial banks reduced their lending to the economy by N292 billion in the second quarter (Q2) of 2017, latest report by National Bureau of Statistics has...
as DMBs lose N2.19bn to fraudsters By Odunewu Segun Incidences of fraud cases in Banks reported to the Central Bank of Nigeria grew from 10, 743...
Six CEOs get N598 million as annual salary By Odunewu Segun While ordinary workers in the country are begging the government to increase National Minimum wage...
