
Monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 24.75 percent to 26.25...

United Bank for Africa (UBA) has said that its 75th anniversary is a testament to resilience, commitment to excellence. The bank at a world press conference...

Nigeria Deposit Insurance Corporation (NDIC) has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses...

Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing financial institutions to implement the national 0.5 per cent cyber security levy after the policy...

Central Bank of Nigeria (CBN) has said that it has granted 14 new International Money Transfer Operators, IMTOs Approval-in-Principle (AIP) to double foreign-currency remittance inflows through...

Federal High Court sitting in Lagos has held that a Central Bank of Nigeria (CBN) regulation, which requires financial institutions to demand and collect the social...

Economic and Financial Crimes Commission (EFCC) will arraign Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN) on Wednesday for allegedly approving the printing...

KPMG, a global tax and advisory firm, has said that “no country can tax its way to prosperity,” adding that there is empirical evidence to prove...

Senator Shehu Umar Buba, chairman, Senate Committee on National Security and Intelligence, on Sunday, clarified that the recently imposed cybersecurity levy announced by the Central Bank...

Femi Falana, SAN, has said that the recently imposed 0.5 per cent cybersecurity levy is not meant for individuals. Falana made this known in a...