The Central Bank of Nigeria (CBN) has slashed the interest rate payable on monies held in savings accounts to around 1.25% per annum from the previous...
The management of United Bank for Africa (UBA) Plc has said its results for the second quarter of 2020 should be released on or before Tuesday,...
9PSB (Payment Service Bank), a subsidiary of 9mobile, has received approval from the Central Bank of Nigeria (CBN) to commence operations in the country. 9mobile, in...
The Central Bank of Nigeria (CBN) has said that the sea routes to Global Standing Instruction policy (GSI) was the Credit Risk Management System (CRMS). The...
The Manufacturers Association of Nigeria (MAN) has kicked against the prohibition of third-party agents for foreign exchange applications by the Central Bank of Nigeria (CBN) saying...
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...
The Central Bank of Nigeria (CBN) says henceforth, it will no longer grant approval for payment of foreign exchange to form M applicants who want to...
The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through a buying company/agent or any other...
In support of the Federal Government’s efforts at restoring socio-economic stability in Borno State in particular, and North-Eastern Nigeria in general, the Nigeria Incentive-Based Risk Sharing...
The Central Bank of Nigeria’s (CBN) delay in harmonizing foreign exchange rates is impacting investors’ confidence negatively, Moses Ojo, Head, Research and Business Development, PanAfrican Capitals,...
