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...
Bank customers will now pay charges for failed direct debit transactions, according to the latest new guide released by the Central Bank of Nigeria (CBN). Direct...
Central Bank of Nigeria (CBN) has given conditions to allow the opening of Forms ‘M’ by companies whose forex payments are routed through a buying company,...
