Tag:Deposit Money Banks

Business

Banking Blunder: CBN Cracks Down on Zenith, Fidelity, UBA, 6 others for hoarding cash

Nine Deposit Money Banks (DMBs) have been fined a total of N1.35 billion for failing to adequately load their Automated Teller Machines (ATMs) during...
Seyi Babalola -
Business

CBN Settles Additional FX Forwards with Banks

In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria...
Dorcas Tyena -
Business

CBN lifts restriction on Domiciliary Accounts, allows $10k withdrawals daily

The Central Bank of Nigeria, CBN, has said cash deposits into domiciliary accounts will no longer be restricted. The bank said this in guidance to...
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Business

Dangote Refinery reaffirms market stability, assures nationwide PMS supply

Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to market stability and uninterrupted nationwide supply of Premium Motor Spirit...
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Business

With Dangote Refinery, Nigeria is on the verge of becoming net exporter of fuel – Shettima

Vice President Kashim Shettima has said Nigeria is on the threshold of becoming a net exporter of refined petroleum...
Politics

Why Court Handed Labour Party to Nenadi Usman

A fresh twist has hit the Labour Party leadership crisis as a Federal High Court in Abuja on Wednesday...

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Business

Dangote Refinery reaffirms market stability, assures nationwide PMS supply

Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to...
Business

With Dangote Refinery, Nigeria is on the verge of becoming net exporter of fuel – Shettima

Vice President Kashim Shettima has said Nigeria is on...
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