Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions,...
Central Bank of Nigeria (CBN) has said it will work with the Nigeria Police and other law enforcement agencies to ensure that anyone found abusing the...
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access to foreign exchange (Forex) from banks,...
Central Bank of Nigeria (CBN) has described the e-Naira, Nigeria’s proposed digital currency as a critical national infrastructure, a term used by governments to describe assets...
Central Bank of Nigeria (CBN) cannot enforce laws against violators of the currency or financial rules of the bank, because the apex bank is not a...
Central Bank of Nigeria (CBN), has recovered N89.2 billion excess and illegal charges slammed on customers by banks in Nigeria, according to Godwin Emefiele, governor of...
NOVA Merchant Bank has announced the appointment of Emmanuel Onokpasa as executive director for wholesale bank and treasury. NOVA which announced the appointment in a statement...
Central Bank of Nigeria (CBN) has allayed fears over domiciliary account deposits as it dismissed rumours of plans to convert foreign exchange in customer’s domiciliary accounts...
Central Bank of Nigeria (CBN) has directed all Depositors Money Bank (DMBs) operating in the country to create an electronic application and alert system aimed to...
Dr. Obadiah Mailafia, former deputy governor of the Central Bank of Nigeria (CBN), has said that commercial banks in the country cannot be trusted with forex...