Banking & Finance - The Gazette

Central Bank of Nigeria increases interest rate to 15.5%

The Monetary Policy Committee of the Central Bank of Nigeria raised the benchmark interest rate from 14 to 15.5 percent in order to battle the rising inflation rate. Key Points…

1 month ago| Banking & Finance

Should I Open a Joint Account With My Boyfriend?

Joint bank accounts are a great way to save money together. However, some people are reluctant to open a joint account with their significant other. In this case, they’re missing…

1 month ago| Banking & Finance

The CBN increases the interest rate on savings accounts to 4.2%

The Central Bank of Nigeria (CBN) has mandated that banks in the nation pay interest on financial savings deposits that are due at a rate of at least 4.2%, up…

3 months ago| Banking & Finance

Fintech fraud: Momo Sues Nigerian Banks For N22 billion,

Mobile money (Momo) payment provider was robbed of €50 million. According to the Nigerian news site BluePrint, the MTN Group’s Mobile Money (Momo) payment service was the target of a…

4 months ago| Banking & Finance

Remove Emefiele now as CBN Governor – Amb. Lawal Calls Out

Ambassador Hamza Lawal has urged the Presidency and National Assembly to relieve the Central Bank Governor, Godwin Emefiele, of his job immediately following the finding of his political partisanship by…

4 months ago| Banking & Finance

CBN Official: Naira Notes Will Be Out Of Circulation Soon

Naira notes will soon be phased out of circulation, according to a source from the Central Bank of Nigeria (CBN). The Nigerian Apex Bank has said that Paper currency will…

September 27, 2022
September 27, 2022

Central Bank of Nigeria increases interest rate to 15.5%

The Monetary Policy Committee of the Central Bank of Nigeria raised the benchmark interest rate from 14 to 15.5 percent in order to battle the rising inflation rate. Key Points…

September 1, 2022
September 1, 2022

Should I Open a Joint Account With My Boyfriend?

Joint bank accounts are a great way to save money together. However, some people are reluctant to open a joint account with their significant other. In this case, they’re missing…

August 19, 2022
August 19, 2022

The CBN increases the interest rate on savings accounts to 4.2%

The Central Bank of Nigeria (CBN) has mandated that banks in the nation pay interest on financial savings deposits that are due at a rate of at least 4.2%, up…

July 31, 2022
July 31, 2022

Hold Emefiele accountable for Fallen Naira, NYCN tells Nigerians

The recent fast fall of the Naira has been attributed by the National Youth Council of Nigeria (NYCN) to the poor economic management practices of Godwin Emefiele, Governor of the…

July 29, 2022
July 29, 2022

Naira Fall: CBN Committed to Resolving Foreign Exchange Issues

Nigerians have been urged by the Central Bank of Nigeria (CBN) to resist the temptation to fall prey to the speculative practices of some participants in the foreign exchange market.…

June 27, 2022
June 27, 2022

APPLY: FirstBank’s low-interest loan “FirstGem fund” for female business owners

The FirstGem fund (FirstGem loan), a single-digit loan program aimed at female entrepreneurs, has been launched, according to a press release from First Bank of Nigeria Limited. This was disclosed…

June 27, 2022
June 27, 2022

Fintech fraud: Momo Sues Nigerian Banks For N22 billion,

Mobile money (Momo) payment provider was robbed of €50 million. According to the Nigerian news site BluePrint, the MTN Group’s Mobile Money (Momo) payment service was the target of a…

June 12, 2022
June 12, 2022

Remove Emefiele now as CBN Governor – Amb. Lawal Calls Out

Ambassador Hamza Lawal has urged the Presidency and National Assembly to relieve the Central Bank Governor, Godwin Emefiele, of his job immediately following the finding of his political partisanship by…

May 21, 2022
May 21, 2022

CBN Official: Naira Notes Will Be Out Of Circulation Soon

Naira notes will soon be phased out of circulation, according to a source from the Central Bank of Nigeria (CBN). The Nigerian Apex Bank has said that Paper currency will…

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