Naira Scarcity: CIBN urges calm, reveals banks addressing unintended consequences of policy
CIBN has called for calm and understanding from Nigerians amid the cash scarcity resulting from the naira redesign and cashless ...
Tag: Deposit Money Banks (DMBs)
NAMB urges CBN for policy actions that will enhance MSMEs’ productivity
The National Association of Microfinance Banks (NAMB) has urged monetary authorities to widen the scope of their policy actions in ...
Intricacies Of Liquidity Management In Nigeria
In the banking system, liquidity is often referred to as the ability to fund increases in assets and meet the ...
Banks’ loan to private sector increases by N3.47 trillion in 2019
As the Central Bank of Nigeria (CBN) continues to compel Banks to boost their credit to the real sector of ...
Transactions worth N97.3 trillion done in 11months – NIBSS
Depositors across banks did transactions worth N97.32 trillion over the instant payment and point of sales (PoS) between in the ...
Uproar as Banks, Telcos introduce charges on the use of USSD code
Deposit Money Banks (DMBs) in Nigeria have introduced charges on the use of USSD (Unstructured Supplementary Service Data) code for banking services.
Yet again! another directive from the CBN
Banks across the country were given a directive from the CBN to cancel any customer requests for purchase of Treasury ...
CBN unveils sanctions on E-payment infractions, as it goes tough on banks, others
CBN unveils sanctions on E-payment infractions, as it goes tough on banks, others
