The Central Bank debited banks a whopping N8.3 trillion as CRR provisions in 2020 up 58% YoY.
The meeting was adjourned to Wednesday after the Tuesday discussions on the issues surrounding the commercial dispute were inconclusive.
Since the rise fintechs, commercial banks are forced to do better in terms of providing better services and good customer responses.
Banks in Nigeria have intensified their digital marketing efforts, as they encourage their customers to stay safe by adopting online banking
A report by Moody has argued that commercial banks might soon lose their services to the increasing number of FinTech firms in the sector.
The Central Bank of Nigeria [@cenbank] has dismissed reports that it has finally barred commercial banks from investing in treasury bills so there could be more...
The latest data from the National Bureau of Statistics (NBS) reveals that Nigerian banks now have a total of 46, 235 contract staff members as at...
he Central Bank of Nigeria (CBN) has introduced the clean note policy, aimed at putting an end to the circulation of mutilated, defaced, and unfit notes.
CBN has released the list of banks operating in Nigeria, as at the 30th of September, 2018.
This was announced at a meeting between the Bank’s Group Managing Director, Herbert Wigwe and Microsoft Chief Executive Officer, Satya Nadella