Browsing: CBN

No fewer than 130 textile industries in Nigeria have died — Emefiele

On the back of non-remittance infractions by banks, the lawmakers have initiated move to probe banks, and its regulatory arm, the Central Bank of Nigeria. As a result registered alleged failure in remittance of stamp duties collected, Stakeholders have asked the government to remove the burden the stamp duties places on banking transactions.

Offering lending rates above 30% could put pressure on corporate financing, but banks

Sometimes, people read certain things that they don’t understand.