The CBN’s new guide to bank charges slashed charges for cash withdrawal via other bank’s ATM to “maximum of N35 after the third withdrawal within the same month” from “N65 after the third withdrawal within the same month”. The CBN has removed Card Maintenance Fee (CAMF) on all c...
CBN Reduces Bank ChargesBreaking | 5 years ago By Obinna Chima The Central Bank of Nigeria (CBN) has reviewed downward most charges and fees for banking services as contained in the new Guide to Charges by Banks, Other Financial, and Non-bank Financial Institutions, with effect from January...
CBN withdraws cybersecurity levy directive to banks bynewspeak May 20, 2024 0 Akinwande Soji-Ojo The Central Bank of Nigeria (CBN) has withdrawn its directive to banks and other financial institutions to charge ... ‘To spur liquidity’—CBN grants approval to 14 new IMTOs ...
The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered and returned over N60 billion from erring banks as excessive charges imposed on customers. This is just as the Apex Bank has announced that it had commenced the processes for creation of 10 million jobs in the nex...
Coming up on today’s program. 重点提要 Central bank cut banks' forex reserve requirements by 1% in an attempt to shore up the Chinese yuan against U.S. dollar; China’s cabinet released new guidelines to help enhance consumption. Here’s what you need to know about China in the past 24...
As part of its Anchor Borrowers Programme, the bank will support local cotton growers to enable them to meet the needs of the domestic textile industry. It will support efforts to source high yield cotton seedlings to ensure the yields from Nigeria’s cotton farmers meet global ...
Meta's open-source artificial intelligence model Llama, allowing its Chinese business users to develop programs off the model. Meta released Llama2, a commercial version of Llama, this month to provide businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and...
Disgraced Chinese startup Luckin Coffee said it had paid $180 million to settle fraud charges in the U.S., in what appeared to be the latest step of a campaign to relist on the Nasdaq 20 months after the Starbucks rival was booted in a fake revenue scandal. ...
Central bank cut banks' forex reserve requirements by 1% in an attempt to shore up the Chinese yuan against U.S. dollar; China’s cabinet released new guidelines to help enhance consumption. Here’s what you need to know about China in the past 24 hours ...
Disgraced Chinese startup Luckin Coffee said it had paid $180 million to settle fraud charges in the U.S., in what appeared to be the latest step of a campaign to relist on the Nasdaq 20 months after the Starbucks rival was booted in a fake revenue scandal. 瑞幸天价罚单交完:8日,瑞幸...