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Segalink, Dj Switch Kick As CBN Bans Crypto Operations

News of the Central Bank of Nigeria's ban on crypto currency trades have been met with mixed reactions on social media with many faulting...

Poultry farmers bleed as Banks deny agribusiness funding

By Prince Okafor In March 2020, the Central Bank of Nigeria, CBN, put the poultry industry net worth at N1.6 trillion, with a total of...

CBN order banks to resolve ATM dispense errors, others from June...

The Central Bank of Nigeria (CBN) has directed banks to resolve backlogs of all Automated Teller Machine (ATM), Point of Sale (PoS) and web...

Breaking: Banks to operate for six hours from Monday – FG

Federal Government, Wednesday said that banks in Lagos, Ogun and Abuja will begin operations from Monday 4th of May, 2020. Disclosing this, the National Coordinator...

Stamp duty: Banks violate FG’s directive on deposits below N10,000

There are indications that some banks are charging N50 stamp duty fee on deposits into savings account below N10,000 in violation of  the provisions...

23 Banks fail to meet CBN’s 65% LDR directive in Q4’19...

The 23 commercial banks in the country have failed to meet the 65 percent minimum Loan to Deposit Ratio, LDR, directive of the Central...