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A prosecution witness (PW11), Bashirudden Muhammed Maishanu, has told the Federal Capital Territory High Court in Abuja how $6.23 million was allegedly withdrawn from the Central Bank...
The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on all channels to N500,000 weekly for individuals and N5 million for corporates. Announcing the...
Mohammed Abdullahi, the deputy governor of the Central Bank of Nigeria (CBN) for economic policy, says the country’s foreign exchange (FX) reserves have climbed to a...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the country’s monetary policy rate (MPR) from 27.5 percent to 27 percent....
The Central Bank of Nigeria (CBN) has disowned a circular claiming that the financial regulator has introduced N5,000 and N10,000 notes. The circular, purportedly...
1. The Central Bank of Nigeria has commenced profiling the chairmen and signatories to the bank accounts of the 774 local government areas in the...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Friday said contrary to notions held in certain quarters, 1000 staffers of his outfit resigned...
Point-of-sale (PoS) operators across Nigeria have increased withdrawal charges from N100 to N150 or N200 for every N5,000 transaction. The operators attribute the hike to the...
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. In a circular to all deposit...
The Central Bank of Nigeria (CBN) says banks facilitating illicit flow of mint naira notes will face N150 million fine per branch. In a circular signed by...
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