‘Watch list’ CBN unveils GSI framework to check for faulty loans
The Central Bank of Nigeria (CBN) has released operational guidelines on the Global Service Instructions (GSI), aimed at checking the ...
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Tag: CBN
‘It will be free’ CBN scraps ATM maintenance fee, slashes transaction charges
The Central Bank of Nigeria (CBN) has reviewed charges and rates for banking activities in the country. The apex bank ...
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‘Surged’ Banks installed 456,234 POS machines in 2021
According to the latest data issued by the Nigeria Interbank Settlement System (NIBSS), financial institutions in the country deployed 456,234 ...
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‘Harsh terms’ Do not patronize loan sharks, Emefiele warns
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has encouraged Nigerians to avoid loan sharks because doing ...
Read moreDetails‘Low credit development’ Banks’ operations harmed by N1.3 trillion NPLs, recovery challenges
As the banking sector's non-performing loans (NPLs) reached N1.3 trillion in November, lenders are sounding the alarm that the massive ...
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‘Ousted!’ How Tunde Ayeni lost yet another enterprise
The latest in the plethora of John Olatunde Ayeni, popularly known as Tunde Ayeni travails is that he has lost ...
Read moreDetails‘See list’ Checklists of CBN approved bank charges in Nigeria
It can be devastating to have your bank account debited without your permission by Nigerian banks. Here are the updated ...
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‘Handover’ Governor-elect, Soludo, nominates ex-minister, Ezekwesili as transition team leader
The newly elected governor of Anambra State, Prof. Chukwuma Soludo, has appointed former education minister Oby Ezekwesili to lead his ...
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‘Strategizing’ Standard Chartered sets to close down 50% of Nigerian branches
Standard Chartered Plc plans to close half of its branches in Nigeria in order to transition to digital banking. According ...
Read moreDetails‘Review mandate’ CBN to hold first MPC meeting in 2022 on January 24
The first Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) for 2022 will take place on ...
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