CoT removal: Nigerian banks to face revenue challenges in 2016

11 January 2016, Lagos — Compounding the existing operating challenges in the banking industry over revenue challenges facing the sector,Central Bank of Nigeria, CBN, zero Commission on Turnover, CoT, directive which began in January, 2016 is widely believed to further compound banks’ revenue generating ability in 2016. The apex bank had last year unfolded plans […] More »