The Central Bank of Nigeria (CBN) which slammed the sanction, said each of the banks would pay N150 million as fine for non-compliance with the regulator’s cash distribution guidelines ...

The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.

The fines will be directly debited from the banks’ accounts with the CBN. In a press statement released on Tuesday, the Acting Director of Corporate Communications at the CBN, Mrs Hakama Sidi ...

The Central Bank of Nigeria (CBN) has unveiled two new digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

The move of the CBN to hike rates in the outgoing year had been anticipated by market watchers, especially in light of the rising inflation. From an MPR of 18.75 per cent in January 2024 ...

The Central Bank of Nigeria, CBN, yesterday released the Nigeria Foreign Exchange (FX) Code in a bid to mitigate risks following various positive transformations in the country’s financial ...

After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...

The Central Bank of Nigeria (CBN) yesterday said it has fined nine banks N1.35 billion for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season.

LONDON, Jan 13 (Reuters) - At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions ...

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

GOMBAK: Seven roads around Batu Caves will be closed in stages from midnight this Sunday (Feb 9) until Feb 14 in conjunction with the Thaipusam celebration. Selangor police chief Comm Datuk ...

After 15 years at Business News Network, now known as BNN Bloomberg, anchor Amber Kanwar is taking the leap: She’s going out her own, with an investing podcast. Starting this week, Ms. Kanwar ...