The Federal Government has shortlisted 11 banks to disburse $350million Cabotage Vessel Financing Fund (CVFF). The…
Tag: Banks
Oil, gas sectors received highest credits from banks in Q2
The National Bureau of Statistics (NBS) says Oil and Gas and Manufacturing sectors got credit allocation…
Banks to loan manufacturing, agric sectors at 9% interest
The Central Bank of Nigeria (CBN) on Thursday said it will support lenders to enable them…
CBN mandates banks to sell forex to customers over the counter
By Omotilewa Quadri Nigerians travel-ling overseas can now heave a sigh of relief following the release…
Settle customers’ complaints within two weeks- CBN tells banks
The Central Bank of Nigeria (CBN) has instructed banks and other financial institutions to settle customers…
CBN to sanction banks that don’t have forex sales point
The Central Bank of Nigeria on Monday threatened to sanction any Deposit Money Bank in breach…
FG begins audit of TSA remittances by banks
The Federal Government has commenced an independent audit to ascertain the rate of compliance by Deposit…
FG begins audit of TSA remittances by banks
The Federal Government has commenced an independent audit to ascertain the rate of compliance by Deposit…
Court strikes out FG’s case against seven banks
A Federal High Court in Lagos has struck out a suit by the Federal Government seeking…
TSA: FG seeks out-of-court settlement with seven banks
The Federal Government has filed a notice of discontinuance of the suit it filed against seven…