
The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
The Central Bank of Nigeria has decided to change the date when Nigerians will begin to pay charges for depositing cash into their bank accounts at banks.
Nigerian currency recorded another poor performance against the United States Dollar at the official market known as the Nigerian Autonomous Foreign Exchange Market.
Aliko Dangote, president of Dangote Industries Limited, said that the devaluation of the local currency in 2023 will be the company's biggest challenge.
The Central Bank of Nigeria has demanded that all PoS operators register with the Corporate Affairs Commission (CAC) before the deadline for registration.
The Central Bank of Nigeria has asked commercial, merchant, non-interest and payment service banks, among others, to debit customers for cybersecurity.
The Central Bank of Nigeria has asked commercial banks and other financial institutions to begin new debits on customers' bank accounts for cybersecurity.
The federal government of Nigeria has said it will begin disbursing N50,000 to small businesses, including vulcanizers, makeup artists, and petty traders.
The Central Bank of Nigeria (CBN) has revealed that Nigerians have more money to spend as currency in circulation continues to rise, now at its highest level ever.
Guaranty Trust Holding Company Plc, the parent company of Guaranty Trust Bank, has achieved impressive financial results with the highest profit in banking history.
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