Mobile money operators and the organised banks’ customers have expressed their opposition to the new Central Bank of Nigeria’s, regulations on withdrawals, saying the Bank wants to send them out…
President Muhammadu Buhari has forwarded the names of Aishah Ahmed and Edward Adamu to the Senate for confirmation as deputy governors of the Central Bank of Nigeria (CBN). President Buhari’s…
Business & EconomyLocalupdates
Central Bank of Nigeria Limits Cash Withdrawals to N100,000, N200 Now Highest ATM Denomination
The Central Bank of Nigeria (CBN) has ordered deposit money banks and other financial institutions to ensure that weekly over-the-counter cash withdrawals by individuals and corporate entities do not exceed…
Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from four point one billion dollars( $4.1bn ), in November 2014 to four hundred and seventy…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the eNaira has recorded 700,000 transactions valued at 8 billion naira since its inauguration on the 25th of October, 2021. EMEFIELE made the…
Business & EconomyNewsupdates
Marketers protest one hundred and eighty-five naira per litre fuel, threaten strike
The Independent Petroleum Marketers Association of Nigeria has threatened to withdraw its service over incessant increment on the price of the premium motor spirit popularly known as petrol in the…