Central banks are at the heart of the economy and they evolve monetary policies to keep a nation's currency and economy stable. But it has been observed that central banks are often misunderstood in ...
The naira continues its losing streak against the dollar in all markets despite intervention from the Central Bank of Nigeria (CBN). Credit: Bloomberg/Contributor At the end of trading on Wednesday, ...
CBN sanctioned nine deposit money banks with fines totalling N1.35bn for failing to ensure cash availability via automated teller machines during the festive season. Each of the banks was fined ...
The Central Bank of Nigeria (CBN) which slammed the sanction, said each of the banks would pay N150 million as fine for non-compliance with the regulator’s cash distribution guidelines ...
After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...
The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.
The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.
The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank ...
A bill seeking to grant ABS-CBN Corporation a new 25-year franchise has moved forward in the House of Representatives, marking a significant step in the network’s bid to resume full broadcast ...
The Central Bank of Nigeria (CBN)’s loans to banks surged to a historic high of N1.2 trillion in the first seven days of 2025, indicating a liquidity squeeze in the sector. The N1.2 trillion CBN loan ...
The Central Bank of Nigeria (CBN) has launched two new account types: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA) designed to boost ...