Weekly Newsletter
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Consumer Protection: CBN refunds N77 billion, $21 million to aggrieved customers
The Central Bank of Nigeria (CBN) says the worth of money refunded to bank customers as at November 30 stood at N76.75 billion...
Nigeria’s apex bank assures of Naira stability amidst fears of declining reserves
…inflows from Investors’ and Exporters’ window is key cushioning The $60 billion inflows from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window...
Police reacts to robbery attempt at Nigeria’s apex bank
The Edo State Police Command has denied reports of robbery attempt at the Central Bank of Nigeria (CBN), Benin. NAN reports that there...
Efforts to recover N36bn loan from farmers in North-east underway– CBN
The Central Bank of Nigeria (CBN) has put in place a task force in all local governments in the Northeast to recover...
Banks laud NCC’s decision to suspend USSD charges by Telcos for accessing bank services
…targets 80 percent financial inclusion by 2020 By Chioma Obinagwam The Body of Bank Chief Executive Officer (CEOs) has commended the recent notice...
CBN moves to strengthen regulations on Fintech firms on Fintech firms
As Nigerian Financial Technology (FinTech) firms continue to broaden their activities in the Nigerian financial services industry, the Central Bank of Nigeria said...
Seven banks may not withstand adverse economic developments– CBN
The funding positions of seven commercial banks in Nigeria are inadequate, the result of Nigeria’s apex bank, Central Bank of Nigeria’s (CBN’s) stress...
Court freezes 45 bank accounts over rice smuggling
…as CBN investigates matter A Federal High Court in Abuja has ordered the temporary freezing of 45 bank accounts belonging to three companies...
Nigeria grows financial inclusion rate to 63.2 per cent
Nigeria’s apex bank, Central Bank of Nigeria (CBN) has said the country’s financial inclusion rate stood at 63.2 per cent in 2018....
Don't Miss
Tax Reform or Financial Exclusion? The Trouble with Mandatory TINs
By Blaise UdunzeIt is not only questionable but an aberration that a nation where over 38million Nigerians remain financially excluded, where trust in...
Tonto Dikeh declares for Christ on NSPPD: ‘I am the Esther of my generation’
By Chioma ObinagwamPopular Nollywood actress, film producer, and politician Tonto Dikeh has embraced Jesus Christ and publicly announced her salvation.Confiance News gathered that...