Banking Latest News

CBN Releases Revised Nigerian Bankers Clearing System Rules

The Central Bank of Nigeria (CBN) on Thursday released a revised Nigerian Bankers Clearing System (NBCS) rules which prescribed 26 sanctions, including the payment of fines against  banks that flout  the new directives, amongt other prescriptions to ensure compliance in the system. The revised NBCS rules, released by the apex bank via a circular signed […]