CBN Kicks Against USSD Charges, Says Financial Inclusion at Risk The Central Bank of Nigeria (CBN) has kicked against MTN Nigeria’s recent message to subscribers, stating...
LDR: CBN Refunds Part of N500b Fined DMBs The Central Bank of Nigeria (CBN) has started refunding Deposit Money Banks (DMBs) part of the N500 billion...
Banks’ Deposit With Central Bank Declined by 68% The 60 percent loan-to-deposit ratio policy of the Central Bank of Nigeria has helped bolstered credit facility to...
LDR Boosts Credit to Private Sector, CBN Raises it to 65% Following the effectiveness of the 60 percent loan-to-deposit ratio (LDR) directive on the private sector,...
Banks: Contract Staff Surges 5.3% in Q2, 2019 The number of contract staff within the banking sector rose by 5.25 percent year-on-year to 46,268 in the...
Banks’ Credit to Private Sector Surges 2.65% in Q2, 2019 The total credit provided by Nigerian banks to the private sector rose by 2.65 percent in...
Nigeria’s Electronic Payments Hit N40.48trn in Q2, 2019 The total transactions performed through the Nigerian Electronic Payment Channels in the second quarter (Q2) of 2019 rose...
Stanbic IBTC Pensions To Sponsor Fourth Edition Of Art X Lagos Stanbic IBTC Pension Managers Limited (SIPML), a subsidiary of Stanbic IBTC Holdings PLC, has announced...
GTBank to Close Trading in Shares on Sept 30 Guaranty Trust Bank Plc on Friday announced it would close trading in the bank’s shares on September...
DMBs Must Support FG’s Job Creation Efforts -CBN The Central Bank of Nigeria (CBN) on Tuesday said the Deposit Money Banks (DMBs) must support the Federal...