‘Revealed!’ Bank customers pay averagely 36% interest for loans, receives 1.15% on deposits
Bank customers are paying 36 per cent maximum lending rates for loans but getting an average of 1.15 per cent ...
Read moreDetails
Tag: CBN
‘Activated!’ CBN start off e-naira platform ahead of launch
The e-naira webpage has been enabled by the Central Bank of Nigeria (CBN) ahead of the digital currency's formal debut ...
Read moreDetails
‘CBN FX defaulters’ UBA unveils forex violators’ names, account, BVN
The United Bank of Africa (UBA) following the Central Bank of Nigeria (CBN) directives to expose customers who engaged in ...
Read moreDetails
‘Sanctioned!’ CBN penalises banks for forex violations
In the first half of the year, five of Nigeria's largest banks paid a total of N1.4 billion in fine ...
Read moreDetails
‘It is our fiat currency’ CBN compels acceptance of e-naira payment for businesses
The Central Bank of Nigeria says the e-naira which is set to be launched on October 1, 2021, is a ...
Read moreDetails
‘Aiding international investments’ CBN to set up financial center to entice foreign investors
Before the end of September 2022, the Central Bank of Nigeria (CBN) plans to create a financial center named the ...
Read moreDetails
‘Improvement!’ CBN to inject additional dollars through banks to boost forex supplies
The Central Bank of Nigeria (CBN) has stated that in order to boost the economy's foreign exchange supply, it will ...
Read moreDetails
‘Curbing unwholesome conduct’ CBN instructs banks to publicize identities of FOREX defaulters
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification ...
Read moreDetails
‘Non-account preparatory’ CBN imposes transfer limits as e-Naira launch on October 1
The Central Bank of Nigeria (CBN) has set an initial transaction limit of N50,000 for non- account preparatory to the ...
Read moreDetails
Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.
