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The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a statement on Thursday...
Aliko Dangote, president of the Dangote Group, says the increase of interest rate to almost 30 percent by the Central Bank of Nigeria (CBN) will stifle...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country recorded a total foreign exchange inflow of about $24 billion in the...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the apex bank is “relatively pleased” with the progress it has made in stabilising...
Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria, said consumer credit jumped by...
Court documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN), on February 8, 2023, was shared. President Bola...
The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed...
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect. A statement by the Ag. Director,...
A Federal High Court sitting in Lagos has again ordered the interim forfeiture of the sum of $1.4m linked to the former governor of the...
1. Bureaux De Change operators have rejected Central Bank of Nigeria, CBN’s new regulatory guidelines that pegged minimum capital base at N2 billion for Tier-1...
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