Banking

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  CBN asks banks to rescue the economy

  The Central Bank of Nigeria has charged Deposit Money Banks in the country to...

  • Posted December 11, 2016
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  CBN plans financial services in villages by 2020

  The Central Bank of Nigeria (CBN), Mr. Godwin Emeifele yesterday announced plans to render...

  • Posted December 3, 2016
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  NDIC directs depositors of liquidated banks to file claims

  The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umar Ibrahim has called...

  • Posted December 2, 2016
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  FG defies court as banks continue stamp duty collection

  The Federal Government and its agencies have continued to defy the ruling of the...

  • Posted November 26, 2016
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  CBN to provide N750bn for agric bank recapitalisation

  The Central Bank of Nigeria is to provide about N750bn for the recapitalisation of...

  • Posted November 22, 2016
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  NNPC, Shell, banks sign $2.2bn deal for contractors

  Shell, supported by the Nigerian National Petroleum Corporation, has signed Memoranda of Understanding with...

  • Posted November 22, 2016
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  Heritage Bank is not distressed – CBN

  The Central Bank of Nigeria on Tuesday dismissed reports that Heritage Bank was in...

  • Posted November 17, 2016
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  Interbank lending rate jumps to record high

  The overnight interbank lending rate soared to a record high of 128 per cent...

  • Posted October 19, 2016
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  ATM card suspension: Banks reject naira for visa payment

  Thousands of United Kingdom and Canadian visa applicants and intending travellers wanting to book...

  • Posted October 19, 2016
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  Dollar scarcity: Banks suspend ATM card usage abroad

  Deposit Money Banks have begun suspending their Automated Teller Machine cards (debit and credit)...

  • Posted October 18, 2016
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