9 results
- 5 Feb 2024
No Plans to Convert Domiciliary Accounts into Naira – CBN
Central Bank of Nigeria (CBN) has said that it has no plans to convert domiciliary account holdings valued at 30 billion dollars into Naira. Mrs Hakama Sidi-Ali, CBN’s acting director, Corporate…
- 7 Jan 2024
CBN Disburses $61.6M to Foreign Airline Operators as Part of FX Backlog Clearance
The Central Bank of Nigeria (CBN) has announced the disbursement of $61.64 million to foreign airlines through various Deposit Money Banks (DMBs). This disbursement, as disclosed by Mrs. Hakama…
- 19 Nov 2024
CBN Issues Scam Alert, Warns of Fake SWIFT Messages Linked to Transfer Claim
Central Bank of Nigeria (CBN) has advised bank customers to be cautious about the use of fake SWIFT messages during foreign exchange (FX) remittances. SWIFT messages are sent through the…
- 1 Jul 2026
CBN Cracks Down, Revokes Licences of 46 Microfinance Banks
Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs) across the country with effect from July 1, 2026. The apex bank announced the decision in a statement…
- 8 Jul 2026
CBN Warns against Rejection of N100 Banknotes
Central Bank of Nigeria (CBN) has reaffirmed that the standard N100 banknote remains legal tender across the country, warning that its rejection by individuals, businesses and institutions violates…
- 27 Dec 2023
CBN says Nigerian Banks are in Safe and Sound Mode
Central Bank of Nigeria (CBN), the apex bank on Wednesday, again reiterated that Nigerian banks remain safe and sound. This followed reports stating that the federal government was planning to take…
- 27 Jul 2026
FCMB’s Adeola Adejokun Named Among Honourees on 2026 PR Power List
Adeola Adejokun, Head of Communications at First City Monument Bank, has been named among the honourees on the 2026 PR Power List, an industry recognition presented during World Public Relations Day…
- 12 May 2025
CBN Issues Advisory on Scammers Flaunting Fake Contracts
Central Bank of Nigeria (CBN) has issued a fresh advisory warning the public about the persistent activities of fraudsters peddling fictitious contracts, loans, grants and intervention funds under…
- 10 Apr 2026
CBN Dismisses Polaris Bank Liquidation Claim
Central Bank of Nigeria (CBN) has debunked rumours suggesting that Polaris Bank is undergoing liquidation, assuring the public that the country’s banking system remains stable and secure. Polaris…