CBN warns commercial banks against forex malpractices, threatens license…
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from all forms…
Browsing Tag
cbn
CBN gets court order to temporarily unfreeze accounts of two fintech…
The Federal High Court, Abuja, on Tuesday, granted the request of Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd.,…
CBN announces new appointments, confirms Osita Nwanisobi as spokesperson
The Central Bank of Nigeria (CBN) has approved the appointment of Osita Nwanisobi as the director of its corporate communications…
Everything you need to know about Nigeria’s e-Naira
The Central Bank of Nigeria (CBN) introduced e-Naira after the ban on Cryptocurrency.
It is a form of digital currency that…
CBN orders banks to publish names, BVN of Forex defaulters
The Central Bank of Nigeria has instructed banks to publish the names and Bank Verification Numbers BVN of its customers who…
CBN warns microfinance banks against engaging in FOREX, other unauthorized…
The Central Bank of Nigeria (CBN) has cautioned microfinance banks in the country to stop engaging in foreign exchange…
CBN freezes accounts of four fintech platforms in Nigeria
The Central Bank of Nigeria (CBN) has frozen the bank accounts of Nigerian fintech platforms Risevest, Bamboo, Trove and Chaka for…
Nigeria’s economy on right tract despite global uncertainties – CBN
Dr Hassan Mahmud, Director, Monetary Policy Department of the Central Bank of Nigeria (CBN) said there were positive sides to…
CBN releases guidelines for regulation, supervision of CGCs in Nigeria
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for registration and supervision of Credit Guarantee Companies…
Complaints: Commercial banks refunded over N89bn to customers in June- CBN
The Governor of Central Bank of Nigeria (CBN) Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial…