Home / Tag Archives: Central Bank of Nigeria (CBN) (page 10)

Tag Archives: Central Bank of Nigeria (CBN)

CBN restricts alerts to customer-induced transactions only, caps fees to N4 per SMS

CBn Emefiele

As part of strategic reforms to protect the millions of consumers of banking services, the Central Bank of Nigeria (CBN) has restricted alerts to customer-induced transactions only, capping fees charged ...

Read More »

Banks yet to consider Etisalat’s parent group’s proposal on debt restructuring

It is not yet uhuru for Etisalat Nigeria as the new deal proposed by its core investors, the Etisalat Abu Dhabi, is yet to be considered by13 creditor banks. Business ...

Read More »

Eliminate 41 restricted items, if you hope to get unified exchange rate—Soludo warns CBN

soludo

Indication has emerged that the conjuncture and or dreams of the Central bank of Nigeria (CBN) to rely on the prevailing restriction of 41 items from forex window and momentary ...

Read More »

FCMB raises forex sales to manufacturers, SMEs, corporate bodies

Leading money deposit bank, First City Monument Bank (FCMB) has announced increase in sale of foreign exchange to all customers and members of the public who play in the Small ...

Read More »

CBN hikes cards maintenance fee from N100 yearly to N600 from this month

CBn Emefiele

Indications have emerged that the Central Bank of Nigeria (CBN) has finally yielded to age long pressure from commercial banks to hike fees charged on debit and credit cards maintenance. ...

Read More »

Zenith Bank leads other 7 in continued SMEs forex window after sack of 16 violators

CBn Emefiele

For keeping to the laid down due process in the administration of Small and Medium Scale Enterprises (SMEs) window of the foreign exchange market access, the Central Bank of Nigeria ...

Read More »

FG makes U-Turn, plans review of CBN’s restriction on 41 items

Ali Customs boss

Indications are beginning to emerge over the possible resumption of business traffic at Nigerian ports if the federal government put paid to its recent pronouncement to review the forex ban ...

Read More »

How BVN nailed suspended SGF, Babachir Lawal in Senate’s PINE grass-cutting report

Osinbajo SFG

Contrary to preliminary speculations that N200 million was spent on grass cutting, not less than N530 million was allocated for that purpose in the Presidential Initiative on North East (PINE) ...

Read More »

CBN alone can’t resolve instability of naira with momentary dollar injections—Experts

naira dollar

Even though the Central Bank of Nigeria (CBN) had in the last couple of months been struggling to remain naira afloat, development economists and finance pundits are convinced that at ...

Read More »

Danger as Cargo throughputs now below Guaranteed Minimum Tonnage at Ports

Apapa port 2

A scenario that tends to mean that several reforms of the maritime agencies are not working seems to be playing out across the Nigeria ports considering the revelation that cargo ...

Read More »