The apex bank in Nigeria, the Central Bank of Nigeria (CBN) amidst criticisms, has suspended the newly introduced tariff on cash deposits. Recall that the CBN...
“Good banking is produced not by good laws, but by good bankers.’’ – Hartley Withers -Content Prologue: Rising from the Tarmac -Access Bank: The Glide -Access...
The liquidity shortfall crisis that has bedeviled Heritage Bank for years is set to hit it’s crescendo with the new capital base requirements for banks announced...
An inside source at the Central Bank of Nigeria (CBN), has revealed exclusively to www.theoctopusnews.com that Heritage Bank is one of the topmost financial institutions to...
The International Monetary Fund (IMF) has stated that the government of President Bola Tinubu has resumed the payment of subsidies on premium motor spirit (PMS), popular...
Political Economist, Professor Pat Utomi has attributed some blame for the fall of the Naira to the Central Bank of Nigeria (CBN). Speaking on a Channels...
The Central Bank of Nigeria (CBN) has revealed that it has stopped granting loans to the federal government. The disclosure was made by the Governor of...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has assured Nigerians that the policies being implemented are working. Cardoso stated this while appearing...
Banks and financial technology companies (fintechs) have henceforth been prohibited by the Central Bank of Nigeria (CBN) from offering international money transfer services. The development is...
The Central Bank of Nigeria (CBN) has responded to speculation of planning to convert $30 billion domiciliary deposits in Nigerian commercial banks into Naira. Denying the...
