The Central Bank of Nigeria (CBN) dismissed speculations that it planned to convert the foreign exchange in domiciliary accounts of customers into naira, as it assured...
The Federal Inland Revenue (FIRS) has appointed some commercial banks as agents to recover the sum of N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited...
The Nigerian Communications Commission (NCC) has warned the general public especially banks and other financial institutions, government agencies, telecommunications service providers, that the sale, installation and...
The Central Bank of Nigeria (CBN) has threatened to sanction banks and Bureau de Change (BDC) operators that reject old and lower US dollars notes. In...
Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn from Nigerian banks in February amid...
MTN Nigeria and banks in the country on Thursday reached a consensus over the unstructured supplementary service data (USSD) commission impasse, which made the lenders bar...
Nigeria’s Minister of Communications and Digital Economy, Isa Pantami, has intervened in the disagreement between MTN Nigeria and commercial banks, assuring that it will soon be...
As part of measures to address the illiquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has encouraged Nigerians to report any commercial...
Banks have recorded an increase in their lending to private sector as it rose by 2.57 per cent to N30.19trn by the end of July this...
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to take charge of the collection of electricity bill payments in the country. The apex...