Tag
CBN
Oil marketers have said it is unfair for petrol dealers to be asked to pay the N50 stamp duty charge for transactions done on PoS machines.
The Central Bank of Nigeria (CBN) has retained the Loan to Deposit Ratio (LDR) at 65% against the widely projected percentage (70%) for 2020.
As the Central Bank of Nigeria (CBN) continues to compel Banks to boost their credit to the real sector of the economy, analysis of data published by the apex bank revealed that the loans increased by N3.46 trillion in 2019 (between January and November, 2019).
The CBN has continued to give directives that deepen its cashless policy with its new rule for the use of Point of Sale (PoS) machine.
The World Bank has disclosed that the growth of Nigeria’s agricultural sector is being dragged down by the attacks perpetrated by Boko Haram and herdsmen.
Investigations have disclosed that some retail outlets are still collecting N50 PoS Stamp Duty charge from customers despite CBN's directive.
Bismarck Rewane has warned that the income and purchasing power of Nigerians would be hit by the policies of President Muhammadu Buhari.
The new CBN regime of banking charges against customers for services rendered is expected to start today, January 1st, 2020.
Body of Bank CEOs, the CBN and the NCC will meet on the dispute surrounding the charges for use of Unstructured Supplementary Service Data (USSD).
The audited account is yet to be published keeping stakeholders and investors in the dark about the financial health of the CBN.
Depositors across banks did transactions worth N97.32 trillion over the instant payment and point of sales (PoS) between in the last 11 months, data from the Nigerian Inter-Bank Settlement Scheme revealed. #NIBSS #CBN #PoS
In a directive issued by the Federal Competition and Consumer Protection Commission (@FCCPCnigeria), passing N50 charge on consumers is counterproductive, burdensome and inconsistent with the underlying cashless policy of the CBN