Central Bank of Nigeria (CBN) has banned microfinance banks operating in the country from carrying out foreign exchange transactions. In a circular titled Cessation of Non-Permissible...
Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions,...
Federal High Court, Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze 86 accounts of some companies and individuals allegedly involved...
By Shile Akinjo Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation. From catch phrases...
Central Bank of Nigeria (CBN) has said it will work with the Nigeria Police and other law enforcement agencies to ensure that anyone found abusing the...
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access to foreign exchange (Forex) from banks,...
Central Bank of Nigeria (CBN) has described the e-Naira, Nigeria’s proposed digital currency as a critical national infrastructure, a term used by governments to describe assets...
Central Bank of Nigeria (CBN) on Tuesday, released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines are contained in a...
Central Bank of Nigeria (CBN) cannot enforce laws against violators of the currency or financial rules of the bank, because the apex bank is not a...
Central Bank of Nigeria (CBN), has recovered N89.2 billion excess and illegal charges slammed on customers by banks in Nigeria, according to Godwin Emefiele, governor of...
