CBN to sanction Shipping companies exporting undocumented cargoes
Godwin Emiefele, Governor of the Central Bank of Nigeria (CBN), has issued a riot act to shipping businesses exporting…
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CBN to issue guidelines on contactless payment system
The Central Bank of Nigeria (CBN) has revealed that it is set to issue guidelines to promote safe and efficient use of contactless…
JUST IN: CBN speaks on alleged plans to phase out redesigned N1000, N500,…
The Central Bank of Nigeria (CBN) has denied allegations that it intends to phase out the freshly redesigned naira notes.…
Ex-NNPC boss Andrew Yakubu sues EFCC, CBN over $9.8m
Andrew Yakubu, former Group Managing Director, NNPC, has sued the EFCC, the Central Bank of Nigeria, CBN, and another bank for…
What IMF’s 3.2% growth projection for Nigeria means to us at CBN…
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has reacted to the International Monetary Fund (IMF) growth…
Dormant accounts: CBN slams N2m fine on erring banks
The Central Bank of Nigeria, CBN, has imposed a minimum fine of N2 million on banks that fail to follow its new guidelines on the…
Security votes: Govs EFCC, CBN to meet on Tuesday
To resolve concerns around state security votes, the 36 governors of Nigeria have scheduled meetings with representatives of the…
Naira redesign: CBN urges Nigerians to embrace digital payment channels
In line with its cashless policy, the Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels…
E-naira wallet will address cash scarcity, challenges faced by unbanked…
The Central Bank of Nigeria (CBN) has assured Nigerians that the introduction of the eNaira wallet will address the scarcity of…
CBN evacuates Naira notes from vaults to banks; directs DMBs to open on…
The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country…