Business Hilights

Tracking Nigeria's Headline Business News Online

Central Bank of Nigeria (CBN)

Banks killing ease of doing business for startups, charges N10,000 for confirming CAC cert

Even though the Vice President, Prof Yemi Osinbajo had on Tuesday urged the banking sector to support the country’s Economic Recovery Growth Plan (ERGP), a new survey report by Business Hilights has revealed how commercial banks bleed between N6,000 to…

‘CBN should first investigate its officials in forex manipulation before commercial bank chiefs’

The recent report that the Central Bank of Nigeria (CBN) is watching closely the activities of top officials of commercial banks allegedly involved in illegal foreign exchange transactions has drawn reactions from Nigerian who argue that the investigations should start…

MFBs, others begin BVN as CBN sets August 1 as deadline

Following the recent revelation by the Minister of Finance, Mrs. Kemi Adeosun that majority of looters and government officials who live on ghost workers salaries have moved their illicit game to Micro Finance banks (MFBs) where Bank verification Number (BVN)…

Retired CBN official unveils why cashless policy in 30 states was suspended after takeoff

It would have amounted to double tragedy in the face of the excruciating economic pains caused by recession and height of insensitivity on the side of the Central Bank of Nigeria (CBN) if it had gone ahead with the Cashless…