Nigeria continues to face cash scarcity despite a significant year-on-year increase of N1.59 trillion in the amount of currency held outside banks. Data from the Central...
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of facilitating the...
Ad hoc staff recruited by the Independent National Electoral Commission for the November 16 governorship election in Ondo State have accused the commission of failing to...
President Bola Ahmed Tinubu has given marching order to Nigerian Consumer Credit Corporation (CREDICORP) to ensure return of Peugeot Automobile and Dunlop tyre to the country...
Ahead of the December festive season, the Central Bank of Nigeria (CBN) has called on bank customers nationwide to report difficulties withdrawing cash from ATMs and...
The Central Bank of Nigeria, CBN has increased interest rate to 27%. This followed the meeting of the Monetary Policy Committee (MPC) of the Central Bank...
By Francesca Hangeior The Monetary Policy Committee of the Central Bank of Nigeria has raised the country’s interest rate by 25 basis points to 27.50 per...
By Ojomah Austin. The Central Bank of Nigeria (CBN) has debunked reports claiming it is set to revoke the licenses of Unity Bank, Keystone Bank and...
