Tag: banks
Seplat, Tier-1 banks boost stock market gains with N6bn
The Nigerian Exchange Limited (NGX) market closed positive on Thursday, June 27, 2024, with a gain of N6 billion driven by investor interest in...
CBN: We’ve no plans to revoke Unity, Polaris, Keystone banks’ licences
The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity Bank, Polaris Bank, and Keystone Bank.
There were...
Banks, schools, offices shut over labour strike
Banks, public schools, and government offices were closed in Osun and Ondo states as workers complied with the directive of the Nigeria Labour Congress...
Banks, insurance stocks boost equity market with N14bn
The equity market closed on a positive note on Friday, May 31, 2024, increasing the market capitalisation by 0.02 per cent due to investors’...
Banks boost stock market capitalisation with N246bn
The stock market continued its winning streak, with the All-Share Index opening at 98,383.04 and gaining 0.44 per cent or 435 points to close...
Stock market loses N84bn over sell-offs in banks, others
The stock market on the Nigerian Exchange Limited (NGX) declined further on Thursday, May 23, 2024, losing N84 billion due to continuous sell-offs in...
Reps to CBN: Halt implementation of 0.5% cybersecurity levy
The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the implementation of the cybercrime levy.
The apex bank had mandated...
CBN orders banks to suspend charges on cash deposits till September
The Central Bank of Nigeria (CBN) has directed banks in the country to stop charges on cash deposits until September 30, 2024.
CBN gave the...
CBN orders banks to impose 0.5% cybersecurity levy on electronic transfers
The Central Bank of Nigeria (CBN) has ordered banks to start charging a 0.5 per cent cybersecurity levy on electronic transfers.
The CBN gave the...
Banks begin charges on cash deposits above N500,000
Commercial banks in the country have resumed charges for cash deposits exceeding N500,000 for individual accounts and N3 million for corporate accounts.
This was disclosed...
