CBN

  • CBN cuts banks’ transfer, ATM withdrawal fee to N35

    CBN cuts banks’ transfer, ATM withdrawal fee to N350

    The Central Bank of Nigeria on Sunday cut the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35. The CBN had imposed N35 ATM fee on customers after the third withdrawal within one month. The new directive is part of the major highlights of the new Guide to Bank

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  • Soludo predicts doomsday for wealthy Nigerians

    Soludo predicts doomsday for wealthy Nigerians0

    Former Governor of Central Bank of Nigeria, CBN, Prof. Charles Soludo, has predicted hard times for wealthy Nigerians if the high poverty and unemployment rates are not tackled. He said this on Tuesday in Lagos while making a presentation on economic restructuring at a programme, tagged ‘The Platform’, organised by Covenant Christian Centre. He said,

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  • Buhari bows to pressure, raises Economic Advisory Council

    Buhari bows to pressure, raises Economic Advisory Council0

    President Muhammadu Buhari on Monday bowed to pressure by Nigerians, constituting an economic Advisory Council (EAC). The move was in line with his determination to take Nigeria to the next level and put the economy on the path of progress. The Council, replaced the Vice President Yemi Osinbajo led the Economic Management Team (EMT) that

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