By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) will Friday February 15 2013 kick off its Financial Inclusion strategy in Maiduguri Borno State, North Eastern Nigeria. This is coming on the heels of the Committee’s meeting held in Abuja Nigeria on Wednesday February 13 2013. Ahmed Kuru, […]
Tag: Central Bank of Nigeria
Banks slash current account charge to N3 …plan to reduce other charges
The Bankers Committee has said Deposit Money Banks in the country have agreed to reduce all bank charges in order to enhance financial inclusion. As a first step, the committee has already endorsed the downward review of the Commission on Turnover charged current account holders from N5 on every N1,000 […]
CBN restricts lending relationships between banks, HoldCo
In a bid to forestall another crisis in the banking sector, the Central Bank of Nigeria has placed restriction on lending relationships between Deposit Money Banks and their holding companies. The Governor, CBN, Mr. Lamido Sanusi, said at an investors’ conference organised by Renaissance Capital in Lagos on Monday that […]
