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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...

Master Plan Initiatives Already Contributing to Nigeria’s Growth – SEC

The Securities and Exchange Commission (SEC) has disclosed that the implementation of its 10-year capital market Master plan is already contributing to the growth...

CBN Injects $210m Into Forex Market

The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales...

CBN Directs Banks to Remove Interest Rate on Services to Customers

The Central Bank of Nigeria (CBN) has directed all financial institutions and mortgage banks to eliminate interest rate and lending fees on services rendered...

Nigeria Economy Faces Huge Revenue Challenge Amidst Escalating Debt Costs, Says...

A civic-tech organization based in Lagos, BudgIT  has warned that Nigeria might be facing another financial crisis as a result of government failing revenues...

UPDATE: UBA Delivers 21% Growth in Profit

...Declares N0.20 Interim Dividend United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing impressive...

BREAKING NEWS: Fidelity Bank Reports 15.7% Increase in PBT

Fidelity Bank plc has announced 15.7 per cent increase in Profit Before Tax (PBT) for the half year (H1) ended June 30, 2019. The lender...

Foreign Reserves Drop to $43.79bn- CBN

The Central Bank of Nigeria (CBN) has said the foreign reserves dropped to $43.79 billion, the first time since  March 22, 2019. The foreign exchange...
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