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…
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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…
CBN releases guidelines for establishing payment service holding companies
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding…
Forex: CBN directs commercial banks to set up teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the…
Naira falls to N522 hours after CBN bans forex sales to BDCs
Naira fell marginally against the U.S dollar at the parallel market on Wednesday, after the Central Bank of Nigeria (CBN)…
BREAKING: CBN bans sale of forex to BDCs
The Central Bank of Nigeria on Tuesday an end to sale of forex to the Bureau De Change (BDC) operators in its bid to tackle…