bank transaction

CBN bars banks from sacking more than 5 staff without approval

CBN bars banks from sacking more than 5 staff without approval

Central Bank of Nigeria (CBN) has given a stern warning to all banks to seek its approval before sacking more…

5 years ago

CBN slashes electronic transfer, ATM withdrawal charges

The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees.…

5 years ago

Loan-to-Deposit ratio: CBN to impose stiffer sanctions on banks

The Central Bank of Nigeria (CBN) has vowed to impose stiffer sanctions on any commercial and blacklist customers that flout…

5 years ago

PDP rejects Buhari’s decision to increase VAT, urges NASS to protect Nigerians

The Peoples Democratic Party (PDP) condemns and totally rejects the decision by President Muhammadu Buhari and his officials to increase…

5 years ago

Cashless policy: Let’s support CBN to stop subsidy of the rich by the poor (Opinion)

By - Agada Apochi 1. Huge circulation and adoption of cash is very costly to every economy. It is costly…

5 years ago

Nigerian lawyers oppose CBN over new charges on withdrawals

The Lekki Forum of the Nigerian Bar Association has rejected the newly introduced plan of the Central Bank of Nigeria…

5 years ago

Reps ask CBN to suspend new charges on transactions, give reasons

The House of Representatives on Thursday directed the Central Bank of Nigeria to suspend the new charges placed on Nigerians…

5 years ago

Failed Buhari’s Administration: Customers to pay more for PoS transactions

Bank customers are to pay more for Point of Sale (PoS) transactions. This follows a Central Bank of Nigeria’s directive…

5 years ago