As part of efforts to embrace digital banking, Standard Chartered Plc is closing about half its Nigerian branches. A report by Bloomberg reveals that the London-listed...
The First Bank Nigeria Holdings plc, (FBNH) has announced the appointment of three executive directors for its commercial banking arm, First Bank Nigeria Limited. The Board...
Nigeria’s federal government has commenced the implementation of the Central Bank of Nigeria’s (CBN) N250 billion intervention fund for the National Gas Expansion Programme (NGEP), which...
Nigerian commercial banks have processed a total of 23,526 customers’ complaints of which 22,173 were resolved and N89.2 billion refunded to their customers by June 2021....
Chief executives of banks have assured no hidden charges in the sale of foreign exchange as they declared their readiness to meet the demands of Forex...
The Central Bank of Nigeria (CBN) yesterday announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers, particularly travellers, seeking...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday reiterated the bank’s commitment to ensuring steady availability of foreign exchange for manufacturers....
The Central Bank of Nigeria (CBN) yesterday issued a new license requirement for payment systems, increasing the minimum capital requirements for Payment Solutions Service Providers (PSSPs)...
Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130b from Nigerian banks in February amid...
The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD) fees to a single rate of N6.98 will stabilise...