Nigeria, Feb. 18 -- The Central Bank of Nigeria (CBN) has ordered bank directors with non-performing insider-related loans to step down immediately as part of new measures to strengthen corporate gove... Read More
Nigeria, Feb. 14 -- The Central Bank of Nigeria (CBN) has assured depositors and stakeholders that Keystone Bank remains stable and fully operational. The development comes against the backdrop of a ... Read More
Nigeria, Feb. 13 -- Guaranty Trust Bank Ltd (GTBank) has scrapped processing fees on all its point-of-sale (POS) terminals, allowing small and medium-sized enterprises (SMEs) to receive payments at no... Read More
Nigeria, Feb. 12 -- The Nigeria Customs Service (NCS) has suspended the implementation of a controversial 4 per cent Free-on-Board (FOB) charge on imports, citing ongoing consultations with the financ... Read More
Nigeria, Feb. 11 -- The Ministry of Finance Incorporated (MOFI) has launched a N100 billion subscription under its Real Estate Investment Fund (MREIF), marking the second phase of an initiative aimed ... Read More
Nigeria, Feb. 11 -- Nigerians will pay higher charges on cash withdrawals as the Central Bank of Nigeria (CBN) has introduced new ATM charges for both "on-site" and "off-site" withdrawals. On-site AT... Read More
Nigeria, Feb. 10 -- The Federal High Court in Lagos has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) retains jurisdiction over competition and consumer protection matt... Read More
Nigeria, Feb. 10 -- The women's presence, operation, and compensation have set tongues wagging across the Central Bank of Nigeria (CBN). Senior staff members across the CBN's 29 departments are fumin... Read More
Nigeria, Feb. 6 -- The Central Bank of Nigeria has imposed new foreign exchange restrictions on Bureau de Change operators, capping weekly purchases from authorised dealer banks at $25,000. The direc... Read More
Nigeria, Feb. 4 -- The Central Bank of Nigeria (CBN) has extended its approval for Bureau de Change (BDC) operators to purchase foreign exchange from authorised dealers in a bid to meet retail market ... Read More