
President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi, deputy governor (Operations Directorate) as acting governor of the Central Bank of Nigeria (CBN) following the suspension...

Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The...

Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) whose licenses were revoked by the Central Bank of...

Dangote Group has paid back 70 percent of the loans it took from Central Bank of Nigeria (CBN) to construct an the 650,000 barrels per day...

Central Bank of Nigeria (CBN) has introduced a digital currency called e-Naira to Nigerian tertiary institutions to enable members of the academic environment to offer better...

Central Bank of Nigeria (CBN) at the weekend, released the list of certified cheque printers in the country, in a bid to foster efficient payment and...

Central Bank of Nigeria (CBN) has given banks in Nigeria 30 days to close accounts that have not been linked to a biometric Bank Verification Number...

Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion, according to a report by...

Central Bank of Nigeria (CBN) has blamed the dispute between telcos and deposit money banks (DMBs) over non-payment for the provision of the Unrestructured Supplementary Service...

Central Bank of Nigeria (CBN) has said that Bank Verification Number (BVN), has no expiry date contrary to claims making the round. The apex bank’s explanation...