Financial Services
Central Bank of Nigeria Suspends Cash Deposit Charges Until September 30, 2024
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits until September 30, 2024. In a circular dated...
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Commercial Banks Resume Cash Deposit Processing Fees in Nigeria
Commercial banks in Nigeria have begun notifying their customers about the reintroduction of processing fees on cash deposits for both...
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Transition Train Partner Patrick Ogunjobi & Co to Offer Nigerians Pathway to Financial Independence
The Transition Train, in collaboration with Patrick Ogunjobi & Co, a Real Estate Surveying and Valuation firm, is pioneering a...
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BREAKING: Nigeria Government Orders Registration Of All POS Operators in the Country with Corporate Affairs Commission
The Federal Government through the Corporate Affairs Commission has issued a two-month registration deadline to Point of Sales companies, to...
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Breaking: Nigerians to Pay 0.5% Cybersecurity Fee on Banking Transactions
In a bid to enhance cybersecurity measures, the Central Bank of Nigeria (CBN) has issued a directive to deposit money...
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Global Collaboration to Deploy $500 Million Fund to Bridge Agriculture Data Gap
A groundbreaking collaboration between global institutions, including the World Bank, the Food and Agriculture Organization of the United Nations (FAO),...
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Providus Bank and Enterprise Development Center Empower Entrepreneurs for Economic Growth
In a concerted effort to bolster economic growth and development in Nigeria, Providus Bank, an SME-focused bank, has teamed up...
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NDIC Increases Deposit Insurance Coverage For Bank Customers in Nigeria to N5 million
The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage levels across various...
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Development Bank of Nigeria (DBN) Empowers MSMEs with N786 Billion in Loans
At the 2023 Annual General Meeting (AGM) in Abuja, Dr. Tony Okpanachi, Managing Director/Chief Executive of Development Bank of Nigeria...
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Ekiti State Government Utilizes World Bank $25 Million Grant for Education Development
According to reports from NAN, Taiwo Olatunbosun, the State Commissioner for Information, announced on Saturday in Ado-Ekiti that the state...
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