Nigeria
Banks refund N76.7bn, $20.9m to customers —CBN
The Central Bank of Nigeria has said the amount of money refunded to bank customers as of November 30, 2019,…
Nigeria to spend N750.81bn on fuel subsidy in 2020
The federal government is expected to spend N750.81bn on petrol subsidy in 2020, latest data from the Petroleum Products Pricing…
Senate probes CBN over N20tn unremitted stamp duty
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20tn into the Federation Account by…
CBN: Electronic payments hit N424tn in nine months
The Central Bank of Nigeria (CBN)’s cashless policy has received a boost as the total value of transactions through various…
CBN to raise LDR to 70% by 2020
The Central Bank of Nigeria will increase banks’ loan to deposit ratio to 70 per cent by 2020. Hassan Bello,…
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