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PoS operators kick as CBN slashes daily withdrawal limit to N20,000

The Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has kicked against the imposition of fresh cash withdrawal limits on individuals and...
Customs confiscates truckload of donkey meat, cannabis in Kaduna

Smugglers lament as Customs impounds 73 trucks of foreign rice, contrabands worth N4.9bn in...

The Ogun Area 1 Command of Nigeria Customs Service (NCS) has intercepted total number of 44, 933 bags of foreign parboiled rice illegally imported...
SEC assures of continued enforcement against Ponzi schemes

SEC committed to providing enabling environment for debt market – Yuguda

The Securities and Exchange Commission (SEC) has reiterated its commitment to driving the debt market-enabling environment to boost investors’ participation.The Director-General, SEC, Mr Lamido...

Developing economies’ debt more than doubled over decade – World Bank

The external debt of developing economies has more than doubled from a decade ago to $9 trillion in 2021, the World Bank said Tuesday,...
CBN pegs ATM denomination at N200, limits withdrawal to N100k per week

CBN pegs ATM denomination at N200, limits withdrawal to N100k per week

The Central Bank of Nigeria (CBN), has instructed banks to ensure that only N200 notes or below are loaded in ATM machines.This is as...
Naira redesign: CBN slashes over-the-counter withdrawals to N100k per week

Naira redesign: CBN slashes over-the-counter withdrawals to N100k per week

The Central Bank of Nigeria (CBN) has mandated deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and...
Aishah Ahmad, Lametek Adamu re-appointed as CBN deputy governors

Aishah Ahmad, Lametek Adamu re-appointed as CBN deputy governors

Mrs Aishah Ahmad and Mr Edward Lametek Adamu have been re-appointed as deputy governors of the Central Bank of Nigeria (CBN) by President Muhammadu...
Nigeria posts total trade of N11.6tn in Q3 2022- NBS

Nigeria posts total trade of N11.6tn in Q3 2022- NBS

Adebayo ObajemuRecent publication by the National Bureau of Statistics (NBS) has revealed that Nigeria’s total trade in the Third Quarter of 2022 stood at...
Zenith Bank wins Bank of the Year award

Zenith Bank wins Bank of the Year award

Zenith Bank Plc has won the Bank of the Year in Nigeria at the Banker’s Bank of the Year Awards 2022.The award was announced...