CBN

Banks

Zenith Bank fined N15.4bn over forex, money laundering violations

Ini Ekott -
Zenith Bank Group, owner of Zenith Bank, was hit with a N15.4 billion fine...
Banks

CBN slaps new fees on Nigerians to revive ATMs, curb POS money agents

Olawale Afolabi -
The Central Bank of Nigeria (CBN) has announced new Automated Teller Machine (ATM) transaction...
Business & Economy

CBN surprises markets with another interest rate hike

Plu Team -
The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points...
Business & Economy

Nigeria’s central bank raises interest rate again

Olawale Afolabi -
Nigeria’s Central Bank has raised its benchmark interest rate by 50 basis points to...
Consumer

Explainer: What next for customers after Heritage Bank collapse?

Plu Team -
On Monday, the Central Bank of Nigeria (CBN) revoked the licence of Heritage Bank...
Banks

Heritage Bank fails as CBN revokes licence

Jane Kalu -
The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank...
Business & Economy

Understanding how CBN’s new record high interest rate affects you

Olawale Afolabi -
The Central Bank of Nigeria has raised its benchmark interest rate to a new...
Business & Economy

CBN likely to raise interest rate again as naira declines

Plu Team -
The naira's continued slump and Nigeria's persistently high inflation are likely to force the...
Business & Economy

Naira tumbles past 1,500 to dollar – first time in 2 months

Olawale Afolabi -
The Naira extended its latest decline Tuesday, tumbling below N1500 on the parallel market...
Policy

New tax ignites fury among already suffering Nigerians

Olawale Afolabi -
Nigerians reacted with fury Tuesday a day after the government imposed a new levy...
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