CBN - Central Bank Of Nigeria
Again, CBN reduces customs exchange rate to clear goods at ports
The improvement of the Nigerian currency in the Nigerian Autonomous Foreign Exchange Market (NAFEM) has allowed the CBN to reduce the Customs exchange rate.
Who owns forfeited Abuja 753 duplexes? EFCC finally opens up
The EFCC has finally opened up on the ownership of the Abuja estate with 753 duplexes which was forfeited to the federal government by an FCT court on Monday.
Electronic Transfer Levy: PoS operators begin new charges as FG makes deductions on Opay, others
Point of Sale (PoS) operators have alerted Nigerians of increased service charges following the implementation of the N50 electronic charges on fintech firms.
Is Emefiele owner of 753 forfeited duplexes? EFCC's court document mentions the accused
The owner of Abuja estate with 753 duplexes and other apartments has been revealed in court document filed by the EFCC, providing clarity on Emefiele's involvement.
Electronic transfer levy: Lady sends less than N10,000 thrice to OPay account to escape deduction
A Nigerian lady has shared how she by-passes the N50 deduction levy introduced by the federal government. She uses OPay and escaped the deduction thrice.
Banks announce new cash withdrawal limit for customers as POS operators adjust charges
Nigerian banks have begun responding to a directive from the Central Bank of Nigeria to ensure sufficient cash is available at counters and ATMs.
Naira appreciates massively in black market, remains stable in official window
The Nigerian currency, the naira, appreciated again in the parallel market on Wednesday, December 4, 2024, from N1,725 per dollar to trade at N1,695.
Fraudsters steal N42.6bn from Nigerian banks as financial institutions explain service disruption
According to the Association of Mobile Money and Bank Agents in Nigeria, fraudsters stole N42.6 billion from Nigerian banks in the second quarter (Q2) of 2024.
11 banks earn N6.5trn from loans, advances as CBN releases interest rates for Access, UBA, others
Access Bank is leading the list of 11 Nigerian banks with a massive N6.5 trillion in earnings from customer loans and advances in the first nine months of 2024.
CBN - Central Bank Of Nigeria
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