Central Bank of Nigeria (CBN)has revoked the licenses of 42 microfinance banks in the country and has subsequently closed them with many depositors apprehensive. The Nigeria...
Deposit Money Banks (DMBs) in the country have been ordered to close all Naira accounts operated by International Money Transfer Operators (IMTOs). This directive was given...
Central Bank of Nigeria (CBN) has warned operators against paying recipients of diaspora remittances in local currency. It warned that violators could lose their operational licences...
Ogoni communities in Rivers have instituted a contempt proceeding against Mr Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) at the Federal High Court,...
Nigerian Postal Service (NIPOST) is providing rural banking to its customers through partnership with Central Bank of Nigeria (CBN), according to its Kunle Oladapo, general manager,...
Central Bank of Nigeria (CBN) has warned the general public to be careful of doing business transactions with Azimo and Transfer Wise. The apex bank said...
Mr. Evans Ufeli, executive director, Cadrell Advocacy Centre, has sued the Central Bank of Nigeria (CBN), before a Federal High Court in Lagos over the legality...
A Federal High Court in Asaba has declared as unlawful, illegal, null and void the deduction of the sum of N50 as Stamp Duty charges from...
Femi Falana (SAN), Nigerian lawyer and human rights activist has accused the Central Bank of Nigeria (CBN) of freezing of bank accounts associated with some promoters...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has faulted claim that his bank obtained court orders to block accounts associated with promoters of...
