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CBN defends naira with $16.56b in 12 months

CBN defends naira with $16.56b in 12 months

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THE Central Bank of Nigeria (CBN) spent nearly $16.56 billion to defend the naira in the last one year, The Nation has learnt. Analysis of...
Reduced bank charges will boost banks’ income- CIBN

Reduced bank charges will boost banks’ income- CIBN

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The Chartered Institute of Bankers of Nigeria (CIBN) on Sunday said the downward review of bank charges will affect banks’ net earnings and income. CIBN...
CBN cuts ATM fee to N35 in new guide to Bank Charges as Defaulters to pay N2m fine

CBN cuts ATM fee to N35 in new guide to Bank Charges as Defaulters...

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The Central Bank of Nigeria (CBN) on Sunday released revised Guide to Bank Charges mandating banks to charge customers N35 for cash withdrawals from...
AMCON takes over oil firm over N29b debt

AMCON takes over oil firm over N29b debt

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The Asset Management Corporation of Nigeria (AMCON) on Monday  took over Cedar Oil & Gas Exploration and Production Limited over N29 billion bad debt...
Buhari orders Accountant General publish daily treasury statement

Buhari orders Accountant General publish daily treasury statement

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President Muhammadu Buhari has ordered the Accountant General of the Federation (AGF) to publish a Daily Treasury Statement that will provide information about what...