Herdsmen, Bandits Responsible for Galloping Inflation Rate —CBN
Pat Stevens/ The Governor of the Central Bank of Nigeria, Godwin Emefiele, has stated that Nigeria’s growing food inflation is…
Relief for Access Bank Workers as CBN, Bankers’ Committee Suspend Layoffs in Banks
Ololade Adeyanju/ Planned lay-off by financial institutions in Nigeria has been suspended by the Central Bank of Nigeria (CBN) and…
COVID-19: CBN, Bankers’ Committee Back N3.5 Trillion Economic Stimulus, Pledge N100Bn Support for Local Drug Producers … Urge Firms to Source Raw Materials Locally
Malik Yahya/ The Central Bank of Nigeria (CBN) and the Bankers’ Committee have committed to the implementation of an economic…
COVID-19: Bankers’ Committee Pledges N100Bn Support for Local Drug Producers … Urges Firms to Source Raw Materials Locally
Malik Yahya/ The Bankers’ Committee has announced plans to provide special funding for select local drugs manufacturing company to enable…
CBN Reduces ATM Withdrawal Fee to N35, Scraps Card Maintenance Charge
Ololade Adeyanju/ The Central Bank of Nigeria (CBN) has announced the reduction of the withdrawal fee charged for the use…
CBN Establishes N1B Bankers’ Charitable Endowment Fund
Pat Stevens/ Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has announced the establishment of a one billion naira…
Don’t Make Banking in Nigeria like South Africa
By Pastor Tay Martins/ The Central Bank of Nigeria’s new policy to impose charges on deposits and withdrawals is not…
Demystifying CBN Response to Cashless Scheme Criticism
Charles Omole/ The CBN Governor gave a press briefing yesterday in which he defended the policy and timing of his…
Why CBN Must Reverse New Banking Charges (Part 1)
Charles Omole/ The exploitation of customers by their banks is a global phenomenon. In the USA, 6.5 percent of households…
Nigerian Banks Get CBN Mandate To Tax Customers on Deposits and Withdrawals
Ololade Adeyanju/ Starting from yesterday, banks in Nigeria have commenced charging customers on Deposits and Withdrawals from N500, 000, after…