The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report.
Telecommunication firms have said they will not be forgiving the N120bn Unstructured Supplementary Service Data debt banks owe them. They stated that banks must pay
The Federal Government met with officials of Deposit Money Banks and other related institutions in Abuja, on Tuesday, to plan for the production of functional
Coalition of Nigerian Banks under the aegis of Nigeria Sustainability Banking Principle, (NSBP) have stressed the need to maximised the full potential of the Nigeria
Bank workers and customers have lamented the quality of the old naira notes reintroduced into circulation by the Central Bank of Nigeria amidst the gradual
Fear has gripped Deposit Money Banks (DMBs) that low deposits from their customers could limit their ability to lend and offer credit to boost production
Banks, yesterday, increased cash payout to customers leading to a sharp reduction in the long queues and massive crowds that characterised the cash dispensary points
The Central Bank of Nigeria on Thursday began the disbursement of old naira notes to Deposit Money Banks as government authorities stepped up efforts to