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Analysts predict short, medium term stability for naira

Financial analysts have forecast a short to medium term stability in the exchange rate of the local currency to the United States dollar. Analysts at FSDH Securities, in a report released to our correspondent on Tuesday, said the naira would be firm for a while as a result of the […]

CBN returns N5bn illegal bank charges to customers

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 […]

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 […]