Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE), on Monday signed a Memorandum of Understanding (MOU) to establish a Nigeria-Egypt FinTech Bridge....
Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries, according to...
Report by the Financial Institutions Training Centre (FITC) shows that Bank customers in Nigeria lost N472 million to fraud in the first quarter of 2023, according...
Central Bank of Nigeria (CBN) has announced that cash deposits into domiciliary accounts will no longer be restricted. The statement by the apex bank came after...
The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency known as the eNaira as a payment option to recipients of diaspora...
Godwin Emefiele, ousted governor of the Central Bank of Nigeria (CBN), has been arrested by the Department of State Services (DSS). This comes after President Bola...
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...
