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N10m fine against erring banks, other implications of CBN’s new GSI policy

THE Central Bank of Nigeria (CBN) on Monday released new operational guidelines on Global Standing Instruction (GSI), a new...

SERAP sues FG, CBN, demands details of COVID-19 palliatives spending

THE Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Federal Government and the Central Bank...
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Nigeria may not slide into recession despite impacts of COVID-19—CBN

IN spite of the impacts of the pandemic COVID-19 on the economy, Nigeria's economy may not slide into recession,...

COVID-19: CBN introduces regulatory forbearance for financial institutions

THE Central Bank of Nigeria (CBN) says it has approved a regulatory forbearance for the restructuring of credit facilities...
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Banks add to worry of Nigerians with stamp duty deductions

BANKS may have added to the worry of Nigerians who are already struggling to make out a living during...

How ease of lockdown has shown Nigerians’ poor acceptance of online, digital banking system

ONLINE images of people crowded in banks in various parts of the country may have shown that Nigerians are yet...
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