The Central Bank of Nigeria has replied the Nigerian Economic Summit Group (NESG) in a very lengthy press release, claiming the group is trying to resuscitate itself through cheap popularity and tarnished attention using ambushed press statements made up of contrived allegations. Find below the excerpt of the press statement by CBN. The attention of…
Nigeria apex bank, the Central Bank of Nigeria (CBN) in a letter dated 1st of September, 2020 adjusts interests rate on savings deposits. The letter which noted with satisfaction the recent declining trend in market rates in the banking sector following the implementation of policies aimed amongst others, at stimulating credit flow to the real…
CBN Covid-19 Loan Applicant will be credited within 48 Hours says the Central Bank of Nigeria on twitter on Monday, June 8, 2020. The tweet reads that, “All successful Household and SME applicants who have submitted their account details for the CBN N50bn COVID – 19 Targeted Credit Facility should expect their accounts credited within…
The Central Bank of Nigeria (CBN) have adjusted the existing timelines for handling the errors associated with the Automated Teller Machine (ATM), such as failed transactions, money reversal, among others. In a press statement signed by Isaac Okorafor, the Director of the Apex bank Corporate Communications, it can be confirmed that this adjustment is to…
In this maiden episode of OgaCeo, The Podcast, Our host, Lekan Lawal takes us into the banking world, where a lot of questions is answered on the issue of bank charges, which have kept many pondering. Dive in and find the details and breakdown of the regular bank charges one can or should incur in…
