The Central Bank of Nigeria said any failed instant payment transaction not reversed into the customer’s account within 24 hours after complaint by the sender or beneficiary should be reported to CBN.
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The Naira on Friday lost marginally to the dollar at the investors window, exchanging at N362.79.
The Central Bank of Nigeria on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services.
The Rice Farmers Association of Nigeria said the Central Bank of Nigeria has approved compensation for over 550,000 rice farmers affected by the 2018 flood disaster.
The Director General, National Identity management Commission, Aliyu Aziz, says Lagos and Kaduna States recorded high enrolment figures in registration into the National Identity Database in 2018.
The Central Bank of Nigeria says it plans to raise treasury bills worth N823.43 billion in the first quarter of 2019.
The Central Bank of Nigeria on Friday made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019 with a total sum of $210 million injected into the wholesale segment and other sectors of the market.
The Central Bank of Nigeria said the Manufacturing Purchasing Managers’ Index stood at 61.1 index points as at December 2018, indicating an expansion in the manufacturing sector for 21 consecutive months.
Some Nigerians have projected rise in inflation and borrowing rates as well as naira appreciation in the next 12 months.
The Board of Diamond Bank finally confirmed its acquisition by Access Bank Plc, which is expected to be completed in the first half of 2019.
The bank made the assertion in the 2017 Annual Activity Report released by its Banking and Payments System Department on its Website.
The House made the complaint on Wednesday during its plenary session presided over by the Speaker, Alhaji Kabiru Rurum.
Over 200 golfers are expected to compete in the 12th edition of the CBN Governor’s Golf Cup, which tees off at the IBB Golf and Country Club, Maitama, Abuja on December 8, 2018.
The bank’s Chief Executive Officer, Uzoma Dozie, said this in a statement signed by the bank’s Head of media, Ezechinyere Anyanwu on Friday in Abuja.
Investors transacted 134.90 million dollars to close trading, and closed at N306.80 to the dollar at the official CBN window.
While it was sold at N306.80 to the dollar at the official CBN window, it exchanged at N364 to the dollar at the parallel market in Lagos.
The House passed the resolution on Tuesday following the presentation of the report of Joint Committees on Finance and Agriculture.
Enthusiastic as Emefiele sounded, he was also mindful of the fact that some key sectors of the economy had continued to experience what he described as “Significant challenges, baring the tepid recovery of the domestic economy from recession,” but warned that effort should be stepped up to strengthen aggregate output and demand.
The customers, who made the call in separate interviews with News Agency of Nigeria in Gwagwalada on Monday, described the maintenance and transaction fees as well as other charges levied by the banks on ATM transactions as “worrisome and fraudulent”.
This is according to documents submitted to the Senate Committee on Gas Resources by the CBN in Abuja on Thursday.