The Central Bank of Nigeria has said that it has recovered and returned to customers a total of N5bn wrongfully taken from depositors by banks operating in the country. It also said it would focus on the protection of consumers of products being brought to the market by banks over […]
World News
W’Bank Recommends Enhanced Consumer Protection on Cash-less Policy
As Nigeria continues its journey towards a cash-less society, the World Bank Monday advised the Central Bank of Nigeria (CBN) and others stakeholders on the project to take consumer protection very serious. Senior Payment System Expert in Payment Systems Development Group, World Bank, Ceu Pereira, made the call while speaking […]
Nigeria naira flat vs dlr as demand matches supply
Nigeria’s naira currency closed unchanged against the U.S dollar on the interbank market and firmed marginally at the official window on Monday, as dollar sales by oil companies comfortably met rising dollar demand in the market. The naira closed flat at 157.15 to the dollar on the interbank. Traders said […]
