Business Remit funds in unclaimed balances, dormant accounts to us, CBN tells banks Oluwadamilare Emmanuel Jul 20, 2024 The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to deposit unclaimed balances and funds in…
Business [EXCLUSIVE] Licence revocation: ‘We’re being stigmatized, living on… Oluwadamilare Emmanuel Jul 19, 2024 Some staff of the recently liquidated Heritage Bank on Thursday stormed the National Assembly in Abuja to protest delayed payment…
Business Nigeria’s external reserves could reduce slightly in 2024, says CBN Alagbe Shenayon Jul 19, 2024 The Central Bank of Nigeria (CBN) has forecasted a modest decline in Nigeria’s external reserves for 2024. This projection was…
News CBN to sell $20,000 to each BDC operator at ₦1,450/$1 Alagbe Shenayon Jul 18, 2024 The Central Bank of Nigeria (CBN) has authorized the sale of foreign exchange (FX) to eligible Bureau de Change (BDC)…
Business Nigeria’s economy will emerge strong- CBN Toyibat Ajose Jul 16, 2024 The Central Bank of Nigeria (CBN) gave Nigerians new hope on Monday, telling them that the economy will recover from its current…
News CBN sells $122.67m to 46 authorised dealers Alagbe Shenayon Jul 12, 2024 The Central Bank of Nigeria (CBN) has sold approximately $122.67 million to 46 authorized dealers in its effort to promote…
News Nigeria’s forex reserves exceed $35bn — CBN Alagbe Shenayon Jul 11, 2024 According to data from the Central Bank of Nigeria (CBN), Nigeria’s external reserves have reached $35.05 billion as of July 8,…
News EFCC witness tells court how funds were moved from CBN through… Toyibat Ajose Jul 10, 2024 Ifeoma Ogbonnaya, a business relationship manager of Zenith Bank PLC, told a Lagos High Court sitting in Ikeja how cash were…
News EFCC opposes Emefiele’s request for Foreign Medical Trip Toyibat Ajose Jul 9, 2024 The Economic and Financial Crimes Commission (EFCC) on Monday opposed the application of the former governor of the Central Bank…
Business CBN sends message to commercial banks rejecting mutilated naira notes Oluwadamilare Emmanuel Jul 4, 2024 The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a…