N100 ATM Withdrawal Fee Stays for Transactions Below N20,000 - CBN
The Central Bank of Nigeria (CBN) has confirmed that the N100 fee for ATM withdrawals from other banks will remain in place for transactions below N20,000.
This is according to a FAQ...
FG Orders State MDAs to Stop Accounts in Commercial Banks
As part of its efforts to enforce the Treasury Single Account (TSA) policy, the Federal Government has instructed state-based Ministries, Departments, and Agencies (MDAs) to immediately discontinue operating accounts with...
 Equity Market Records Highest February Gain, Adds N842bn
Dangote Cement and Sunu Assurances Nigeria emerged as the top gainers on the Nigerian Exchange at the close of trading on Thursday.
Dangote Cement emerged as the top gainer, appreciating by 10 per cent to...
MTN Discontinues 15GB Bundle After Backlash Over 200% Price Hike
MTN Nigeria, the nation's largest telecommunications provider, has scrapped its 15GB data bundle in response to widespread criticism from customers, who were outraged by a massive 200% price hike.
The telco had initially...
Nigeria's Oil Production Surges Past 1.5mbpd, Exceeds OPEC Quota
According to a recent report by the Nigerian Upstream Petroleum Regulatory Commission, Nigeria has successfully achieved its oil production quota as stipulated by the Organisation of the Petroleum Exporting Countries (OPEC).
In January,...
Diaspora Remittances and Cardoso’s New Tricks, by Rahma Olamide Oladosu
Diaspora remittances have long been a crucial pillar of Nigeria’s economy, providing vital foreign exchange (forex) liquidity and contributing to financial stability. These inflows from Nigerians living abroad serve as...
