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CBN to banks: Ensure efficient over-the-counter, ATM cash disbursements

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The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to ensure efficient cash disbursement to the general public over the counter...

Nigerians decry cash scarcity in banks as CBN threatens sanction

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Many Nigerians, including small business operators and residents of the Federal Capital Territory (FCT), have decried the scarcity of naira notes in banks for...

CBN vows to sanction banks over cash scarcity at ATMs

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The Central Bank of Nigeria has urged Nigerians to report any difficulties withdrawing cash from bank branches or ATMs to the CBN from December...

Kaduna Revenue Service seals 5 banks, companies over N1.7bn debt

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The Kaduna State Internal Revenue Service (KADIRS) has sealed five banks and other companies in the state capital for a ‘Land Use Charge (LUC)...

Banks, others raise N2.7trn via rights, public issuance

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The Securities and Exchange Commission (SEC) says more than N2.7 trillion has been raised in the capital market by banks and other companies. The Director-General...

FG lifts NYSC posting ban, to deploy corps members to banks,...

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The Federal Government has lifted all restrictions on the posting of the National Youth Service Corps (NYSC) members to banks, government agencies, and private...

CBN orders banks to load ATMs, warns against naira hawking

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The Central Bank of Nigeria (CBN) has directed commercial banks across the country to load their Automated Teller Machines (ATMs), to end the scarcity...

Enugu govt vows to sanction schools, banks obeying sit-at-home order

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The Enugu State Government has vowed to sanction schools and banks obeying the ongoing two-day sit-at-home declared by the proscribed Indigenous People of Biafra...

CBN sells $543m to banks in September

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The Central Bank of Nigeria (CBN) says it sold $543.5 million to authorised dealer banks between September 6 and September 30, 2024. The CBN disclosed...

Seplat, banks boost stock market by N241bn gain

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The Nigerian stock market sustained its bullish run as investors’ interest in Seplat and Tier-one banks added N241 billion or 0.42 per cent to...
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