As part of efforts to promote financial inclusion among the unbanked and underbanked population in Nigeria, innovative telecoms brand, 9mobile, joined Ecobank, Vanguard Newspapers, Sanef, and...
Femi Falana (SAN), Nigerian lawyer and human rights activist has accused the Central Bank of Nigeria (CBN) of freezing of bank accounts associated with some promoters...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has faulted claim that his bank obtained court orders to block accounts associated with promoters of...
Chartered Institute of Bankers of Nigeria (CIBN) has urged banks to strengthen their cybersecurity architecture to protect themselves against attacks by fraudsters. Mr. Bayo Olugbemi, president/chairman...
Central bank of Nigeria (CBN) has approved the release of cash reserve requirement through the issuance of CBN Special bills. The apex bank says this measure...
Justice Inyang Ekwo of Federal High Court in Abuja has granted leave to Heda Resource Centre – a group to apply for judicial review and order...
Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth receive such inflows in the foreign currency (US Dollars) through the designated bank of...
The naira is inching close to N500 to the dollar and worried Central Bank of Nigeria (CBN) has criticized the unofficial window, so-called black market rate....
Central Bank of Nigeria (CBN) has said the implementation of the cashless policy had increased the risks associated with e-payments. Speaking at the First Bank of...
By Lukman Otunuga, Senior Research Analyst at FXTM, Africa’s largest economy has descended into its second recession in less than five years as oil production dropped...