• What is the difference between Current Balance and Available Balance in Accounting and Banking Services? - Accounting Q and A

• SoftBank is planning to invest $40 billion in OpenAI according to CNBC's David Faber

• Bank of China keeps medium-term lending facility rate at 2 percent on 900 billion yuan ($124.26 billion)

• CBN begins the enforcement of cybercrime levy at 0.005 percent on all electronic transactions

• Huawei is gradually making an inroad into the Nigerian banking sector, a development that is becoming more worrisome, according to reports

• CBN directs all PoS providers to route transactions through an approved payment terminal

• Why are Central Banks Stocking Up more on Gold Recently? – Gold Market Trends

• CBN has given next-of-kins the authority to access funds in dormant accounts of their loved ones

• Central Bank of Nigeria has directed all Banks to deposit their excess foreign currency notes with its branches

• Many unregistered loan apps have continued operation through APK amid the ongoing clampdown by FCCPC

• Heritage Bank: Shareholders have called for a probe of the management and directors

• CBN has lifted the restriction imposed on OPay, Moniepoint and other Fintech companies

• CBN announces revocation of operating license of Heritage Bank Limited with immediate effect

• Lagos Court has authorised GTBank to take over Afex Commodities Exchange over N17,808,452,467.107 loan

• Man with improvised explosive device reportedly stormed a bank in Dadin Kowa town, Jos South, Plateau State

• Central Bank of Nigeria has directed banks to charge 0.5 percent cybersecurity levy on transactions

• CBN has stopped mobile money operators like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new customers

• First Bank MD, Adesola Adeduntan, has resigned his appointment from the company after nine years

• CBN has reduced deposit money banks’ Loan-to-Deposit Ratio, LDR, to 50 per cent from 65 per cent to boost lending capacity

• Bank of Ghana has suspended two Nigerian-owned banks; Guaranty Trust Bank and First Bank

Subscribe to: Posts (Atom)