FGN TSA: New Tariff Regime Effective November 1
The federal government has indicated that, from November 1 2018, the service charge on all payment to its ministries, departments and agencies [MDAs] would be borne by the payer. In…
Cybercrime Act: CBN orders MMOs, others to comply with remittance of levy
July 4, 2018 The Central Bank of Nigeria (CBN) on Wednesday directed Mobile Money Operators (MMOs) and other electronic payment service providers to comply with the collection and remittance of…
Telecom operators transfer of operating cost to customers unacceptable
June 4, 2018 The Consumer Protection Council (CPC) says telecom operators’ decision to transfer their operating cost to customers is unacceptable. The Director -General of CPC, Mr Babatunde Irukera made…
CBN resisted pressure to float the Naira, says Isaac Okoroafor
May 31, 2018 Mr Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) says the apex bank resisted suggestions to float the Naira when the country was…
Emefiele visits First Bank, UBA, Zenith, inspects dollar sales
May 28, 2018 Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First Bank, UBA and Zenith banks offices in Abuja to…
Dasuki’s Seized Vehicle Kept with DSS Since 2015- Witness Tells Court
May 22, 2018 An operative of the Department of State Service (DSS) Mr. William Obiora has told the Federal High Court in Abuja that all vehicles belonging to former National…
Traders in FCT say bank charges, poor network hindering POS usage
May 13, 2018 Some traders in the Federal Capital Territory (FCT), say bank charges and poor network is responsible for their inability to use Point of Sale (POS) in transacting…
Banks are sabotaging our efforts on new notes , says CBN
May 10, 2018 The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Mr Isaac…
Banks are ripping us through ATMs, customers cry out
May 6, 2018 Commercial Bank customers within the Federal Capital Territory (FCT) have decried excess charges by banks through Automated Teller Machine (ATM) withdrawals. Some customers who spoke to a…
NEWS ANALYSIS: 2018 budget delay: Matters arising
May 4, 2018 On Nov. 7, 2017, President Muhammadu Buhari presented the 2018 budget of N8.612 trillion entitled: “Budget of Consolidation’’ to the National Assembly. The Federal Government also made…