The Central Bank of Nigeria (CBN) says it has reintroduced the publication of several key economic reports to foster transparency in the economy. This is contained...
The Central Bank of Nigeria (CBN) has approved the merger of Providus Bank Limited and Unity Bank Plc. The two banks announced the approval in a...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) “over the failure to account for and explain the whereabouts...
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%...
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...