CBN reduces ATM withdrawal charges, inter bank transfers fees
The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review ...
Tag: Financial Institutions
How interest rates impact your wallet
It is imperative to understand how interest rates impact our wallets.
Financial institutions generate N24.77 billion VAT in 2020, up by 44.4% Y-o-Y
Banks and other financial institutions generated on behalf of the government, a total sum of N24.77 billion as VAT in ...
Nigeria’s telecom sector posts double digit growth of 18.1%, manufacturing, others contract
According to the GDP report, the telecommunication sector grew by 18.1% in real terms during the second quarter of 2020.
Financial Institutions still the fastest growing sector in Nigeria
Banks and other financial institutions posted a 24% GDP Growth Rate for the First Quarter of 2020.
CBN to banks: Obtain customers’ credit history before giving loans
The Central Bank of Nigeria has issued that all financial institutions under its body should ensure that they evaluate a ...
