Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks. CBN sources say the decision...
Seun Dania, Founder/CEO of Tradefada, Nigeria’s most actionable and easy-to-use digital currency trading platform. Also, he is a founding member of Digital Currency Coalition (DCC). In...
Central Bank of Nigeria (CBN) last week debited some commercial banks to the tune of N576.20 billion through the Cash Reserve Requirement (CRR). CRR is the...
Central of Nigeria (CBN) has said that cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions According to the apex...
Nigeria has lifted the ban on bank accounts for cryptocurrency firms, signaling a pivotal shift in the country’s stance towards digital assets. The move is expected...
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following...
Naira on Wednesday hit a record low of N1,043.09 per dollar, following strong demand for the greenback amid dollar shortage at the official foreign exchange (FX)...
Central Bank of Nigeria (CBN) has recovered N264.04 billion from borrowers under its development financing programmes in the first six months of 2023. According to the...
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...
Jim Obazee, special investigator appointed by President Bola Tinubu to probe the activities of the Central Bank of Nigeria (CBN), has once again invited three top...
