Banking and Finance

CBN blames cash scarcity on N4.3trillion outside banks’ vaults

NIGERIA could face further cash-scarcity as the Central Bank of Nigeria (CBN) has warned that rise in cash held...
Fatimah QUADRI -

CBN to fine banks issuing new notes to hawkers

THE Central Bank of Nigeria (CBN) said it will impose a N150 million fine per branch on deposit money...
Fatimah QUADRI -

Using naira to buy naira: CBN silent over cash scarcity as PoS, retail stores increase charges

THE Central Bank of Nigeria (CBN) has been largely silent over the cash scarcity that has hit businesses in...
Harrison EDEH -

Access Bank expands to Malta where Nigerian bigwigs allegedly own blending plant

ACCESS Holdings Plc said it had opened a subsidiary in Malta, a country where Nigerian bigwigs have allegedly opened...
Ehime ALEX -
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Senate passes investments, securities bill to enhance market regulation

THE Nigerian Senate has passed the Investments and Securities Bill (ISB) 2024 to boost operations in the Nigerian capital market. The...
Ehime ALEX -

CBN sets December 1 deadline for banks on ATM delays

THE Central Bank of Nigeria (CBN) announced on Friday, November 29, that starting December 1, customers facing challenges withdrawing...
Fatimah QUADRI -
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