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Foreign Reserves Down by $661m in November, Says CBN

The Central Bank of Nigeria (CBN) has said foreign reserves depreciated by $661million to $39.8billiion in November from $40.46 billion it opened in the...

2019 World Savings Day:CBN Bankers Committee Reach Out To  642 Schools

The Central Bank of Nigeria (CBN) and the Bankers' Committee of Nigeria,  recently joined the rest of the world to commemorate the World Savings...

MPC Maintains Status Quo At Final Meeting Of 2019

The Monetary Policy Committee (MPC) meeting of the Central bank of Nigeria (CBN)  that held on the 25th and 26th of November has just...

Emefiele Meets Buhari, Says Borders Remain Closed

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday said that the nation’s land borders would remain closed until neighbouring countries agree...

Wema Bank Announces Double-Digit Growth of 55.56% in PBT

Wema Bank on Friday announced its unaudited nine months result and accounts for the period ended September 31, 2019 with Profit Before Tax (PBT)...

Zenith Bank Reports 5% Increase In PAT To N150.7bn

Zenith Bank plc has reported a five per cent increase in profit after tax to N150.7billion in third quarter (Q3) unaudited results for the...

Bank CEOs Refute MTN’s Nigeria Claim On USSD Charges

The body of bank Chief Executive Officers (CEOs) have denied involvement in the Short Message Service (SMS) by MTN Nigeria to bank customers in...

Deposit Charge Only On Excess Limit, Says CBN

The Central Bank of Nigeria (CBN) said the charges on deposit and withdrawal on the savings account will be carried out on the excess...

Suspend New Charges On Transaction, Lawmakers To CBN

The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the new charges placed on Nigerians under its new...

Customers To Start Paying For Bank Deposits In 2020- CBN

The Central Bank of Nigeria (CBN) has said starting from September 18, 2019, customers operating bank accounts will begin to pay charges for deposits...
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