The Central Bank of Nigeria (CBN) has unveiled the unstructured supplementary service data (USSD) code for the eNaira to enhance financial inclusion in the country. Godwin Emefiele, CBN governor, inaugurated …
CBN
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaTechnologyWestern Africa
CBN set to introduce USSD code for eNaira as transactions hit N4bn
The Central Bank of Nigeria (CBN) says it will roll out the unstructured supplementary service data (USSD) code for eNaira next week. Godwin Emefiele, CBN governor, revealed this on Thursday …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsNigeriaWestern Africa
CBN Returns Interest Rate On Intervention Loans To 9%
The Central Bank of Nigeria (CBN) has returned the interest rate on all its interventions back to nine percent from five percent a circular that was released by the apex bank …
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AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsNigeriaWestern Africa
Central Bank of Nigeria Raises interest rate on banks deposits to 4.2%
The Central Bank of Nigeria (CBN) has raised the interest rate on bank customers’ deposits. According to the Apex Bank, bank customers will be getting at least 4.2 per cent …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
Polaris Bank debunks report of sale by CBN
Polaris Bank has dismissed the report that the bank is about to be sold, saying that the report is speculative, deliberately intended to create panic, and should be disregarded by …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaTechnologyWestern Africa
Nolt Finance secures operating licence from CBN
NOLT Finance, a disruptor in the social impact banking space, has secured operating license from the Central Bank of Nigeria to provide financial services in the Nigerian market. The license …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
Keystone Bank launches apprentice savings account
Keystone Bank Limited, a commercial bank in Nigeria, has launched special savings account for business owners known as the ‘Keystone Apprentice Settlement Savings Account.’ According to the bank, the new …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
TAJbank secures nationwide banking Licence
TAJBank Limited, Nigeria’s leading non-interest bank, has secured the approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, , Mr Hamid Joda, made …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
CBN governor, Godwin Emefiele gets summoned by senate over Naira depreciation
Godwin Emefiele, the governor of the Central Bank of Nigeria has been summoned by senate over the constant depreciation of the naira. Reports revealed a United States dollar is exchanged …
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Premium Trust Bank which commenced full commercial banking operations in April 2022, has opened for operation in the federal capital territory (FCT), Abuja, Nigeria. The Abuja business office becomes the sixth …