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levy directive to banks bynewspeak May 20, 2024 0 Akinwande Soji-Ojo The Central Bank of Nigeria (CBN) has withdrawn its directive to banks and other financial institutions to charge ...
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...
The CBN statedthat the review was in response to “further evolution in the financial industry in the last few years.’’ The new guide, according to the top bank, included a review of other bank charges in order to comply with market changes. There were some changes like withdrawals on ...
The Saudi Central Bank (SAMA) and the Hong Kong Monetary Authority (HKMA) signed an MoU to promote joint deliberations in financial innovation during a bilateral meeting in Riyadh on Wednesday to strengthen collaboration between the financial services sectors in the two jurisdictions.During the meeting...
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 ...
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...
The president of China Merchants Bank (CMB), Tian Huiyu, has been removed from his position, and an executive vice president Wang Liang will “be in charge of” its business, the bank announced Monday. 招商银行“换帅”:4月18日,招商银行发布公告,董事会同意免去田惠宇的招商银行行长、董事职务,另...
The CBN Act of 2007 of the Federal Republic of Nigeria charges the Bank with the overall control and administration of the monetary and financial sector policies of the Federal Government. The objects of the CBN are as follows: ensure monetary and price stability; ...
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...
Switching gears to the financial sector 金融市场要闻 The president of China Merchants Bank (CMB), Tian Huiyu, has been removed from his position, and an executive vice president Wang Liang will “be in charge of” its business, the bank announced Monday. 招商银行“换帅”:4月18日,招商银行发...