CBN Clears air on plans to withdraw licence of Banks
The Central Bank of Nigeria (CBN) has refuted allegations that it is contemplating the revocation of operating licences for…
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Central Bank of Nigeria (CBN)
CBN sacks over 200 staff, gives reason
The Central Bank of Nigeria (CBN) has retrenched approximately 200 employees across various departments in a bank-wide…
Emefiele: Witness claims CBN officials demanded $600,000 bribe to process …
Victor Onyejiuwa, a witness, has testified against Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), in…
Cashless: CBN suspends charges on cash deposits
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024.
CBN disclosed this in…
CBN orders PoS operators to register with CAC before July 7
The Central Bank of Nigeria (CBN) has demanded that all point-of-sale (POS) operators in the country register with the Corporate…
Emefiele challenges Lagos Court’s jurisdiction to try him
The Lagos High Court, sitting in Ikeja, has postponed its decision on the application filed by former Governor of the Central Bank…
CBN not using foreign reserves to defend Naira — Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that the country will not use its foreign reserves…
House Calls CBN to Direct Banks on Prompt Reversal of Failed Transactions
The House of Representatives has called on the Central Bank of Nigeria (CBN) to direct banks to work on their systems so as to…
CBN Pegs Purchase Of Dollars In Cash At $500
The Central Bank of Nigeria (CBN) has pegged the payment of cash dollar purchase to a customer at $500 saying that the foreign…
Court fines FG N100m for violation of Emefiele’s rights
Justice Olukayode Adeniyi of the Federal Capital Territory High Court in Abuja has granted the former Governor of the Central Bank…