Economy

UBA to launch branch in Saudi Arabia, expand across Africa in 2025

The United Bank for Africa Group has announced plans to open a branch in Saudi Arabia and expand its presence across Africa in 2025. According...

EFCC links ex-CBN governor Emefiele to Abuja property scandal

Court papers filed by the Economic and Financial Crimes Commission (EFCC) have linked the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele,...

CBN releases revised interest rates for DMBs 

The Central Bank of Nigeria has published the new savings deposit interest rates for various Deposit Money Banks (DMBs). A savings rate is the interest...

Controversy: Senate stalls hearing on tax reform bills

There have been a lot of controversies surrounding the Tax Reform Bills since its introduction to the National Assembly. The bills are the Joint Revenue...

CBN tells banks to make cash available over the counter, via ATMs

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to ensure efficient cash disbursement to the general public over-the-counter and through...

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