Banks recently barred customers from performing international transactions with their naira-denominated debit cards. TEMITAYO JAIYEOLA examines the impact of this decision on bank ...

The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira notes again. Instead, ...

The Central of Nigeria (CBN) has directed Payment Service Banks (PSBs)  to operate mostly in the rural areas and unbanked locations targeting financially ...

The Central Bank of Nigeria, CBN, explained that Polaris Bank was sold to Strategic Capital Investment Limited, SCIL, because it offered the highest ...

The World Bank has said that interest payments on the Nigerian government’s borrowing from the Central Bank of Nigeria (CBN) will gulp over ...

The Federal Inland Revenue Service (FIRS) has announced that taxpayers can now get their Tax Clearance Certificate in a single click via its ...

In an effort to raise fund for the government, the Debt Management Office (DMO) on Monday announced its first in the year Federal ...

Not less than half of Nigeria’s adult population, or 56 percent trades in cryptocurrency every month. This is according to data contained in ...

Mr. Ademola Adebise, Group Managing Director (GMD), Wema Bank, has submitted his letter of resignation to the bank. According to reports, Adebise, who ...

Bank customers have lamented continued lack of the redesigned banknotes at Automated Teller Machines (ATMs) and over-the-counter transactions. They said the poor circulation ...