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Naira Plunges to Record Low Amid Arrests of Currency Traders
The Nigerian naira plunged to a historic low of 1,416 against the US dollar, a depreciation fueled by a recent crackdown on Bureau De...
CBN Directs Banks to Suspend Charges on Deposits till September
In a move that has sent ripples across the financial sector, the Central Bank of Nigeria (CBN) has issued a directive to all banks...
Exemptions Revealed: 16 Banking Transactions Spared from CBN’s New Cybersecurity Levy
The Central Bank of Nigeria (CBN) has recently instructed all banks to implement a 0.5 percent cybersecurity levy on electronic transactions carried out within...
APC Urges 27 Pro-Wike Lawmakers to Initiate Impeachment Proceedings Against Governor Fubara
The leadership of the All Progressives Congress (APC) in Rivers State has appealed to the 27 members of the State House of Assembly who...
Federal Government Directs Registration of 1.9 Million PoS Operators
The Federal Government has taken a significant step toward regulating the Point of Sales (PoS) industry by mandating the registration of 1.9 million PoS...
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