IMF projects N4.26tn as currency outside banks
IMF projects N4.26tn as currency outside banks Amid the naira redesign policy of the Central Bank of Nigeria, the International Monetary Fund has projected that
Category : Banking
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About Banking News Today
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
Naira gains at Investors, Exporters window by N461.33
Naira gains at Investors, Exporters window by N461.33 The Naira on Thursday exchanged at N461.33 to the dollar at the Investors and Exporters window. The
Scarcity of cash: CBN unveils eNaira enhanced services for unbanked, underserved
Scarcity of cash: CBN unveils eNaira enhanced services for unbanked, underserved The Central Bank of Nigeria (CBN) in collaboration with ChamsMobile Ltd. and Super Agents
Currency Swap Policy: Buhari not in breach of Supreme Court order – Malami
Currency Swap Policy: Buhari not in breach of Supreme Court order – Malami The Attorney-General and Minister of Justice, Abubakar Malami says President Muhammadu Buhari
Banks shut branches early ahead of polls
Banks shut branches early ahead of polls Deposit Money Banks have announced they will be closing early on Friday, a day ahead of the presidential
CBN proposes eNaira for $800m cash transfer scheme
CBN proposes eNaira for $800m cash transfer scheme In an effort to drive a cashless economy, the Central Bank of Nigeria has suggested the use
Banks won’t shut down services for elections- ACAMB
Banks won’t shut down services for elections- ACAMB The Association of Corporate Affairs Managers of Banks (ACAMB) says all bank branches and digital channels
FG, States know fate March 3 on naira swap policy
FG, States know fate March 3 on naira swap policy The Supreme Court has fixed judgment for March 3 in the suits filed by 17
