The Central Bank of Nigeria (CBN) on Monday gave fresh hope to Nigerians, reassuring them that the economy will emerge strong from the current economic challenges....
A business relationship manager with Zenith Bank PLC, Ifeoma Ogbonnaya, has told a Lagos High Court sitting in Ikeja how funds were moved from the Central...
The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and authorised forex dealers, advising them against rejecting old and lower...
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr. Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), “to account for and explain the whereabouts...
…Faults Reports On Alleged Intention To Revoke More Banks’ Licenses The Central Bank of Nigeria (CBN) has confirmed that banks have commenced submitting implementation plans for...
Nigeria Deposit Insurance Corporation (NDIC) has set out modalities for payment and receipt of insured deposits to the depositors of failed Heritage Bank Plc as the...
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect due to its poor financial performance which “constitutes...
The Central Bank of Nigeria (CBN) has issued its approved guidelines to regulate the activities of Bureau de Change (BDC) operators in the country. In its...
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of...
An FCT high court in Maitama on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefiele to bail in the sum of N300 million ....
The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs)...
Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 136 concerned Nigerians have filed a lawsuit against the Central Bank of Nigeria (CBN) “over its failure to withdraw...