How Tinubu’s 15 days in office leave investors excited
President Bola Tinubu’s policies in his first 15 day in office have signaled some sense of hope to foreign investors, pulling the right levers for markets.
Reps to CBN: Direct commercial banks to overhaul e-platforms
The House of Representatives has asked the Central Bank of Nigeria, CBN, to direct all commercial banks in the country to immediately overhaul their existing online and electronic banking platforms for efficiency and ease of conducting electronic banking operations.
CBN admits weak links in cash withdrawals, raises policy rate
Amidst the continued scarcity of cash under the Naira redesign policy the Central Bank of Nigeria, CBN, has admitted failures in the online payment channels that have frustrated banks’ customers in the past two months.
Nigeria’s economy maintains nine-quarter consecutive growth — CBN
The Central Bank of Nigeria (CBN), says the Nigerian economy has maintained a positive growth trajectory for nine consecutive quarters, since exiting the recession in 2020.
The Central Bank governor and his declaration of allegiance (3)
By Eric Teniola This is the continuation of the narrative which last week informed that there were a total of 21 banks with 487 branches across the country when the Okigbo Committee on the Review of Nigerian Financial System was set up in 1977 BY the end of March 1991 the number of banks had […]
CBN bars agents from using PoS terminals for transactions
The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions.
